Tether, the company behind the largest Stablecoin in the world by the market value, Absolute Its financial data for the first quarter of 2025 reveal nearly $ 120 billion in exposure to the United States Treasury and more than a billion dollars of operating profits.
According to To Tether’s Q1 2025 Financial, the company’s assets include $ 98.5 billion of US Treasury Bills, along with more than 23 billion dollars in additional exposure through reconciliation agreements and other equivalent assets.
According to the announcement, Tether owns $ 5.6 billion of USDT reserves (USDT), a decrease of $ 7.1 billion from the last quarter of 2024. Stablecoin has a $ 149 billion market formation on May 1.
She said: “The offer of USDT has grown by about $ 7 billion in the first quarter, with an increase of 46 million in the user’s portfolios.”
The company’s extra capital continues to finance strategic investments, as more than two billion dollars have been allocated in renewable energy, artificial intelligence and communications from peers and data infrastructure.
The Stablecoin Market is widely controlled by the symbols concluded on the US dollar, with USDT and Circle USDC 87 % semester combined. According to the US Treasury report, Q1 2025, the maximum market for the dollar -backed Stablecooins is preparing to reach $ 2 trillion by 2028.
European Union officials recently raised concerns about the risks of dependence on the dollar. According to the Bank of Italy, the disturbances in the Stablecoins market or basic bonds can have “repercussions on other parts of the global financial system.”
Magazine: Crypto wanted to overthrow bank
The post Tether posts $1B in Q1 operating profit, $5.6 billion excess in reserves first appeared on Investorempires.com.
