Tether Achieves $1 Billion Profit in Q1 2025
- Tether reported a $1 billion operational profit for Q1 2025.
- USDT reserves include $98.5 billion in U.S. Treasury bills and $23 billion in cash equivalents.
- The company holds $5.6 billion in excess reserves as of May 1st, down from $7.1 billion at the end of 2024.
- Approximately $2 billion is invested in AI and renewable energy sectors.
- USDT remains the largest stablecoin globally with a market cap of $149 billion.
Tether’s financial disclosure for Q1 2025 highlights a robust profit of $1 billion, supported by strong reserves and strategic investments in AI and renewable energy. USDT maintains its dominance with a market cap of $149 billion.
Source (2.6)https://hodl.press/tether-reports-1b-profit-boasts-5-6b-excess-reserves/?rand=24434