US EditionTether posts $1B in Q1 operating profit, $5.6 billion excess in reserves
- Tether reported an operating profit exceeding $1 billion for Q1 2025 and, in its May 1 attestation, disclosed that its holdings in U.S. Treasury securities approached a record $120 billion.
- This result follows a steep drop from $6 billion profit in Q4 2024 and reflects a strategic shift toward lower-risk assets amid crypto market volatility.
- The report, verified by BDO, shows USDT circulation at $150 billion with a $5.6 billion excess reserve backed 100% by liquid assets.
- In a recent tweet, CEO Paolo Ardoino revealed that USDT serves as a savings tool for 37% of its worldwide users and reported a 13% growth in wallets, adding 46 million new accounts.
- Tether's growing Treasury holdings and strong reserves indicate continued stability and risk management while awaiting regulatory clarity for U.S. Stablecoin launches.
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33 Articles
Tether Achieves Record Financial Gains with Strategic Invest
Tether's $1 billion Q1 2025 profit reflects robust financial strategies. User count and USDT circulation increased significantly, strengthening market position. Continue Reading:Tether Achieves Record Financial Gains with Strategic Investments The post Tether Achieves Record Financial Gains with Str...
Tether Reported Over $1B Operating Profit For Q1 2025
Tether reported over $1 billion in operating profit for Q1 2025, driven by its nearly $120 billion in U.S. Treasury holdings, with $98.5 billion in direct Treasury bills and $23 billion through repurchase agreements and money market funds. Its flagship stablecoin, USDT, grew by $7 billion in circulating supply, reaching a market cap of nearly […] The post Tether Reported Over $1B Operating Profit For Q1 2025 appeared first on Tekedia.
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Stablecoin Giant Tether Inks $1,000,000,000+ in Operating Profits in the First Quarter of 2025
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