Tether Q1 Report: Holds nearly $120 billion in U.S. Treasuries, confirms quarterly operating profit exceeding $1 billion.

ForesightNews · 2025-05-02T07:23:27+00:00

Foresight News, Tether released its first quarter 2025 report, as of March 31, 2025, Tether's total exposure to U.S. Treasuries (including money market funds and reverse repo agreement indirect holdings) hit an all-time high of nearly $120 billion, recognizing a quarterly operating profit of more than $1 billion. In addition, USDT circulation increased by about $7 billion in the first quarter, and about 46 million new USDT wallets were added, an increase of 13% quarter-on-quarter.

ForesightNews

2025-05-02 07:23:27

According to Foresight News, Tether has released its Q1 2025 report, stating that as of March 31, 2025, Tether’s total exposure to U.S. Treasuries (including money market funds and indirect holdings in reverse repurchase agreements) has reached a historic high of nearly $120 billion, confirming quarterly operating profits exceeding $1 billion. Additionally, in the first quarter, the USDT circulating supply rose by approximately $7 billion, with approximately 46 million new USDT wallets added, representing a quarter-over-quarter growth of 13%.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.