Tether, the issuer of the world’s largest stablecoin, expects to close 2025 with record earnings. The company projects $15 billion in profits this year. This statement was made by its CEO, Paolo Ardoino, during a talk in Lugano, Switzerland. The figures emerge amid strong rumors of a potential Initial Public Offering (IPO).
Ardoino highlighted the firm’s efficiency. “This year we’re going to approach another $15 billion profit,” he stated. This figure surpasses the $13 billion reported last year. Furthermore, the CEO emphasized a surprising fact. “We have a 99% profit margin,” Ardoino claimed. He maintained that “no other company in the world has that.”
Is This the Marketing Strategy for a $500 Billion IPO?
These statements are not coincidental. They occur as Tether has been making concrete plans to go public. Negotiations reported last month point to a $500 billion valuation. However, Ardoino suggested this figure is low. He called that valuation “very cheap,” implying it should be much higher. He also mentioned that the company has turned away numerous investors.
To support Tether’s 2025 profit projections, the firm is diversifying its products. It will soon launch the USAT stablecoin. This asset seeks to comply with United States regulation. Meanwhile, its tokenized gold product has seen surging investment. Tether also continues injecting fresh liquidity by minting new USDT.
Regardless of whether the IPO materializes in the coming months, the strategy is clear. Tether aims to solidify itself as an industry leader and market mover. The firm’s economy appears robust. If its profits keep growing with such high margins, Tether’s prominence will not end anytime soon.
