Tether expects 2025 to be another landmark year, projecting a profit of $15 billion, which reinforces its business model as the global acceptance of digital dollars rises.

According to Bloomberg, the company, headquartered in El Salvador, anticipates a profit increase from $13 billion in 2024. This increase further establishes Tether as one of the leading profitable companies worldwide based on per-employee revenue.

Tether’s success, spearheaded by its USDt token (the largest stablecoin globally with a circulation nearing $186 billion), is capturing investors’ attention.

As Cointelegraph recently highlighted, Tether is planning to raise $20 billion at a valuation of $500 billion. CEO Paolo Ardoino mentioned that the company is in discussions with select high-profile investors.

“We have been contacted by an enormous amount of companies that want to invest in us. We have to draw a line in the sand on a valuation that we think is very cheap,” - Paolo Ardoino.

Growing Acceptance of Stablecoins

The rising prominence of stablecoins, which represent fiat currencies on the blockchain, has been notable this year following the passage of the GENIUS Act by the US Congress, recognizing the potential of digital payments for the USD’s dominance.

Reeve Collins, co-founder of Tether, indicated that this transformation denotes a future where major fiat currencies will likely be tokenized over the coming decade.

“All currency will be a stablecoin. So even fiat currency will be a stablecoin. It’ll just be called dollars, euros, or yen,” - Reeve Collins during an interview at the Token2049 conference in Singapore.

Ardoino also pointed out that USDt has reached approximately 6.25% of the global population, highlighting the vast reach of stablecoin adoption worldwide.