Tether The United States strengthens the treasury with $ 3 billion in the middle of Yoy Profit Drop ⋅ Crypto World Echo

pregnancy It has increased exposure to the United States Treasury by more than 3 billion dollars between the quarters, with a sharp decrease in the year in the quarterly profits.

CalculateThe latest witness The report published on April 30 was published, the common property between Tether of Us Treasury Bills, reverse purchase agreements, and money market funds with the treasury exposed approximately $ 120 billion by March 31, up from about 116.7 billion dollars at the end of 2024.

The largest part of these holdings includes $ 98.5 billion of direct treasury bills, 15.1 billion dollars in reverse re -purchase agreements overnight, and $ 6.3 billion of money market funds, of which $ 4.9 billion are indirect allocations for debt.

The sharp increase comes at a time when the company turns towards a short -risk of short -risk tools to support it USDT Stablecoin reserves.

Tether’s updated reserve formation shows that it holds 81.5 % of a total of 149.3 billion dollars in cash, cash rewards, and short -term deposits, especially US government debts.

chief executive officer Paulo Erdino male:

“Q1 2025 is offered the continuous Tether leadership in stability, strength and vision. With exposure to the US Treasury, growing reserves, strong profits, and increasing the accreditation of the US dollar, we continue to focus on providing confidence, transparency and value to hundreds of millions of users.”

He added that the tether’s mission is “responsible and compliance” to strengthen the digital economy and enhance the role of the US dollar on the global stage.

Profits of the record levels 2024

Despite the increase in backup assets, Tether operational profits decreased on an annual basis. The group reached one billion dollars of operating profits for the first quarter, a decrease from $ 4.52 billion during the same period in 2024.

The number of the first quarter of last year included one billion dollars in a net operating profit from the US Treasury bonds, with the remaining proportions to the gains of a mark on the market on Bitcoin (BTCGold property.

The low profit for this year comes amid the relative stability in the treasury revenues and a lower conversable environment to estimate the encryption assets, especially bitcoin, which has decreased value from 93,812 dollars to 82,704 dollars per BTC between the fans.

The value of Tether’s Gold Holdings increased, reaching $ 6.7 billion from 5.3 billion dollars, partially compensates for the fluctuations of the encryption market.

Tether reported a total asset of $ 149.3 billion as of March 31, with obligations of $ 143.7 billion, which led to $ 5.6 billion in excess reserves.

This is a decrease of $ 7.1 billion in excess reserves as of the last quarter of 2024, probably due to the distribution of $ 2.3 billion profits during the first quarter.

Usdt supply was expanded by $ 7 billion in a quarter, reflecting continuous adoption, especially in emerging markets and financial applications on the chain. The number of portfolios kept according to USDT increased by 46 million, an increase of 13 % a quarter of an annual.

Strategic investments and organizational footprint

Besides reserve support, Tether continues to allocate capital for long -term investments through the arm of its investment in Tether, whose total is now more than two billion dollars.

These investments extend to sectors such as renewable energy, artificial intelligence and counterpart infrastructure. These assets are not part of the company’s reserve base.

The last quarter also celebrated the first quarter of Tether under the organizational supervision in El Salvador after its official transfer. He is now holding a license as a stablecoin source under the country’s digital assets framework and provides directly to Al Salvador’s financial investigation unit.

The Tether’s expanded treasury fingerprint continues to align it with the traditional fixed income markets, even with the reversal of its quarterly profits, the total economic slowdown of the sector and narrower gains in the encryption market.

Pamphlet Tether The United States strengthens the treasury horse by $ 3 billion, amid a decrease in profit yoy First appear on Cryptoslate.