The company behind the largest stablecoin by market capitalization has raised substantial gains in the first quarter of 2025.
In a statement published following the publication of his attestation post in the first quarter of 2025, Tether said he generated more than a billion dollars in traditional investment profits between January and March of this year.
The Stablecoin transmitter attributes impressive returns to the solid performance of its US Treasury portfolio. Tether says gold has also almost compensated for volatility in cryptographic markets.
The company’s first quarter of the company’s first quarter of the company shows that it has $ 98.5 billion in US cash bills, around $ 6.3 billion in monetary market funds and $ 15 billion in reverse purchasing agreements overnight.
“In a quarter marked by market turbulence, Tether provided record results which still underline the financial force of the company and the growing global relevance. (TETHER) has reached a summit of all time in total exposure in US Treasury bills of $ 120 billion, including indirect treasures from the money market funds and replenishment agreements.
Tether indicates that the supply of its stablecoin in Linat in USDT dollars has also increased by around $ 7 billion and user wallets increased by 46 million in the first quarter.
The first quarter marks the first time that the company is subject to regulatory supervision in Salvador, where it is recorded as a stablecoin issuer as part of the country’s digital assets.
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