Tether Reports $1 Billion Q1 Profit, Shifting Reserves to US Treasuries

Tether has posted a significant $1 billion profit for the first quarter of 2025, with its strategy shifting towards increased reliance on U.S. Treasury investments. The stablecoin giant saw this shift as it maintains $150 billion in USDT circulation while prioritizing transparency through quarterly reserve disclosures. The Q1 earnings report reveals Tether’s focus on risk-averse strategies, with direct Treasury holdings totaling $99 billion and a leaner reliance on Bitcoin and gold for income compared to previous quarters.