Tether Dominates Q1 2025 with $1 Billion Profit & Record Market Cap

Tether has made a strong start to 2025, posting impressive financial results that solidify its position as the leader in the crypto stablecoin market. In Q1 2025, Tether generated a record-breaking $1 billion in operating profit and maintains over $5.6 billion in excess reserves – although slightly lower than the previous quarter’s $7.1 billion. These results are reflected in the USDT stablecoin’s impressive $149 billion market capitalization, with a total of $7 billion issued during the quarter and 46 million new wallets opened.