Tether’s holdings in U.S. Treasuries, including indirect exposures, reached a historical high of nearly $120 billion in the first quarter of 2025. This conservative approach to reserves contributed to over $1 billion in operating profit, primarily driven by Treasury investment yields. Gold assets acted as a buffer against crypto market fluctuations. The company currently holds $5.6 billion in excess reserves, showcasing its robust liquidity position. 📈
USD₮ Wallets Continue Strong Growth, Supply Surges
USD₮ supply increased by $7 billion during Q1 2025, while new wallets surged by 13% to 46 million, marking a significant increase in trust for Tether’s stablecoin as a reliable and dollar-backed asset.
Tether Invests Across Industries
A total of $2 billion was invested by Tether into emerging sectors like AI, renewable energy, and decentralized communication through Tether Investments. These investments are not part of the USD₮ reserve.
Regulatory Expansion Forwards Tether’s Presence in El Salvador The company achieved its first full quarter of regulatory oversight in El Salvador, where it is now a licensed stablecoin issuer, marking a major step towards expanding compliance across various jurisdictions.