Tether 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.
33 Articles
33 Articles
Cointelegraph
Crypto News Wire - Latest Crypto News And AnalysisTether posts $1B in Q1 operating profit, $5.6 billion excess in reserves
In its Q1 2025 Financial Report, Tether revealed that it saw a $1 billion operating profit and maintains a $5.6 billion excess of reserves.
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.
Tether Flexes Strength With 7.7-Ton Gold Reserve For XAUT - Invest In Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Tether’s gold-backed token XAUT has increased significantly during the first quarter of 2025, the company’s official attestation published on April 28 stated. Every token is equivalent to one troy ounce of physical gold, and the current supply is backed by nearly eight tons of gold stored in Swiss vaults. Gold Coins Reach Record Prices During Mark…
Stablecoin Giant Tether Inks $1,000,000,000+ in Operating Profits in the First Quarter of 2025
The company behind the largest stablecoin by market cap raked in substantial gains in the first quarter of 2025. In a statement issued following the publication of its Q1 2025 attestation, Tether says it generated over $1 billion in operating profit from traditional investments between January and March this year. The stablecoin issuer credits the…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
