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 capitalization has raised substantial gains in the first quarter of 2025.
In a press release published following the publication of his T1 2025 certificate post, attach said It has generated more than a billion dollars in operating profits from traditional investments between January and March this year.
The Stablecoin transmitter attributes impressive returns to the solid performance of its US Treasury portfolio. Tether says gold has also almost compensated for volatility in cryptographic markets.
T1 2025 of the company report shows that it has $ 98.5 billion in US cash bills, around $ 6.3 billion in monetary market funds and $ 15 billion in reverse purchase agreements overnight.
“In a quarter marked by market turbulence, Tether has provided record results that still underline the financial force of the company and the growing global relevance. [Tether] has reached a summit of total exposure in US Treasury bills approaching $ 120 billion, including indirect exhibitions of treasury bills in the money market and resettlement agreements. »»
Tether indicates that the supply of its stablecoin in Linat in USDT dollars has also increased by around $ 7 billion and user wallets increased by 46 million in the first quarter.
The first quarter marks the first time that the company is subject to regulatory supervision in Salvador, where it is recorded as a stablecoin issuer as part of the country's digital assets.
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