Tether Reports Record U.S. Treasury Holdings and Profits in Q1 2025
- Tether’s U.S. Treasury holdings are nearing $120 billion, including direct and indirect exposures.
- Total assets reached $149.27 billion, with liabilities at $143.68 billion.
- Quarterly operating profits exceeded $1 billion, driven by traditional investments.
- USDT’s circulating supply increased by nearly $7 billion to a total of $143.68 billion.
- The company confirmed $5.6 billion in excess reserves beyond the full reserves backing issued tokens.
Tether’s Q1 2025 attestation report highlights a significant increase in U.S. Treasury holdings and operating profits, with total assets surpassing liabilities by over $5 billion, supported by excess reserves for market stability.
Source (2.6)https://coingape.com/tether-nears-120b-in-u-s-treasuries-reports-over-1b-in-quarterly-profits/?rand=24432
