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by: xpoolPosted on: May 1, 2025

Tether Reports $1 Billion Q1 Profit as Reserve Growth Drives Financial Stability

Tether has reported a significant $1 billion operating profit for Q1 2025, fueled by robust reserve growth. The company’s latest attestation report, prepared by BDO, reveals over $5.6 billion in excess reserves. This financial performance comes despite a notable decrease in profits compared to the previous quarter, which has attracted attention from investors and analysts alike.

Related posts:

  1. Reeve Collins Launches Pi Protocol: A Decentralized Stablecoin Challenge to Tether
  2. Reeve Collins Launches Pi Protocol: Challenging the Stablecoin Landscape
  3. Tether’s User Base Grows 13% in Q1; CEO Celebrates with Simpsons Meme
  4. Tether Eyes U.S. Launch of New Dollar-Pegged Stablecoin
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