Tether Tether Giant Ritks Stablecoin 1,000,000,000 dollars+ in operating profits in the first quarter of 2025
The company behind the largest Stablecoin by the market roof has great gains in the first quarter of 2025.
In a statement issued after the publication of Q1 2025, Tether He says More than a billion dollars of operating profits were born from traditional investments between January and March this year.
Stablecoin is attributed to impressive revenue for strong performance in the US Treasury Department. Tether says it also compensates for gold in the encryption markets.
The financial company Q1 2025 for the company a report He explains that it has 98.5 billion dollars of US Treasury bills, about $ 6.3 billion of money market funds and $ 15 billion in reverse purchase agreements overnight.
“In a quarter of market turmoil, Tether has achieved record results that emphasize the financial power of the company and its growing global importance. [Tether] It has reached the highest level in the total exposure to US Treasury bonds, which is close to $ 120 billion, including indirect exposure to the Ministry of Treasury from the money market funds and reverse ribu agreements. “
Tether says that the circulating offer of Stablecoin Usdt, which was divided into dollars, has grown by about $ 7 billion, and the user’s portfolios increased by 46 million in the first quarter.
The first quarter represents the first time that the company has undergone organizational supervision in El Salvador, as it is registered as a source of Stablecoin source under the country’s digital asset framework.
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