Tether Reports Over $1 Billion in Q1 2025 Operating Profits
- Tether generated over $1 billion in operating profit from January to March 2025.
- The company holds $98.5 billion in U.S. Treasury bills.
- It has approximately $6.3 billion in money market funds and $15 billion in overnight reverse purchase agreements.
- Total exposure to U.S. Treasuries is nearing $120 billion, including indirect exposures.
- The circulating supply of USDT increased by about $7 billion, with user wallets growing by 46 million in Q1.
Tether achieved significant financial gains in Q1 2025, with over $1 billion in operating profits driven by strong U.S. Treasury investments and a growing USDT supply.
Source (2.6)https://dailyhodl.com/2025/05/02/stablecoin-giant-tether-inks-1000000000-in-operating-profits-in-the-first-quarter-of-2025/?rand=59076
