logo

Stablecoin Giant Tether Inks $1,000,000,000+ in Operating Profits in the First Quarter of 2025

By: bitcoin ethereum news|2025/05/03 01:15:01
0
Share
copy
The company behind the largest stablecoin by market cap raked in substantial gains in the first quarter of 2025. In a statement issued following the publication of its Q1 2025 attestation, Tether says it generated over $1 billion in operating profit from traditional investments between January and March this year. The stablecoin issuer credits the impressive returns to the solid performance in its U.S. Treasury portfolio. Tether says gold also nearly offset the volatility in the crypto markets. The company’s Q1 2025 financial report shows that it has $98.5 billion in U.S. Treasury bills, around $6.3 billion in money market funds and $15 billion in overnight reverse purchase agreements. “In a quarter marked by market turbulence, Tether delivered record-breaking results that further underscore the company’s financial strength and growing global relevance. [Tether] reached an all-time high of total exposure in U.S. Treasuries approaching $120 billion, including Treasuries’ indirect exposures from Money Market Funds and reverse repo agreements.” Tether says the circulating supply of its dollar-denominated stablecoin USDT also grew by approximately $7 billion and user wallets increased by 46 million in Q1. The first quarter marks the first time that the company is subject to regulatory supervision in El Salvador, where it is registered as a stablecoin issuer under the country’s Digital Assets framework. Follow us on X, Facebook and Telegram Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Generated Image: DALLE3 Source: https://dailyhodl.com/2025/05/02/stablecoin-giant-tether-inks-1000000000-in-operating-profits-in-the-first-quarter-of-2025/

You may also like

6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived

"I will deploy funds in 2026, so I will tell you this is the best year in history."

Abraxas Capital Mints $2.89 Billion USDT: Liquidity Boost or Just More Stablecoin Arbitrage?

Abraxas Capital just received $2.89 billion in freshly minted USDT from Tether. Is this a bullish liquidity injection for crypto markets, or is it business as usual for a stablecoin arbitrage giant? We analyze the data and the likely impact on Bitcoin, altcoins, and DeFi.

A VC from the Crypto world said AI is too crazy, and they are very conservative

Amid the Crypto frenzy and with investors who once missed out on Pinduoduo, a new AI fund called Impa Ventures was established, rejecting bubble narratives and adhering to a conservative "problem-first" strategy to seek real business value.

The Evolutionary History of Contract Algorithms: A Decade of Perpetual Contracts, the Curtain Has Yet to Fall

The ten-year evolution of perpetual contracts: from pulling the plug on 312 to the shocking short squeeze of TRB, a deep dive into the pricing machine that averages $200 billion daily, written with countless liquidations and real money, detailing the blood and tears of risk control theory.

Kicked out by PayPal, Musk aims to make a comeback in the cryptocurrency market

Cashtags generated a trading volume of 1 billion dollars just a few days after its launch, marking a strong start for Musk's super app strategy. For the cryptocurrency market, X's layout may be one of the most anticipated sources of retail growth after the meme coin craze subsides.

Solana ETF News: What Is a Solana ETF and Why Is Goldman Sachs Betting $108 Million on SOL?

Solana ETF news today shows Goldman Sachs disclosed a $108M position while total SOL ETF inflows reached $1.45B. Analysts now expect up to $6B in institutional demand as Solana trades 71% below its all-time high.

Popular coins

Latest Crypto News

Read more