According to Bijie.com, on October 31st, Tether Attestation released its financial report for the first three quarters of 2025. As of the end of the third quarter of 2025, the company's year-to-date net profit exceeded $10 billion. As of September 30, 2025, Tether had over 500 million users worldwide and held $6.8 billion in excess reserves as a financial buffer. New USDT issuance this year exceeded $17 billion, bringing the total circulating supply of USDT to over $174 billion. Tether's total exposure to US Treasury bonds (direct and indirect) reached a record high of approximately $135 billion, making it one of the world's largest holders of US government debt, ranking 17th among countries, surpassing South Korea. Furthermore, Tether holds $12.9 billion in gold and $9.9 billion in Bitcoin reserves, representing approximately 13% of its total reserves. The financial report shows that the company's total liabilities amounted to $174.445 billion, of which $174.357 billion was related to issued digital tokens. As of the end of the third quarter, Tether's assets exceeded its liabilities by $6.778 billion.