The largest stable company by market cap gained significant profits in the first quarter of 2025.
TETHER said in a statement published after the announcement of the first quarter of 2025 that it generated more than $ 1 billion in operating profit in the traditional investment between January and March of this year.
The publisher of the Stablecoin recognizes the impressive profits of the solid performance of the US Finance Portfolio. The tethers said that it almost offset the volatility of the gold encryption market.
According to the company’s 1 Q12025 financial report, the US Treasury bill has $ 98.5 billion, $ 5.3 billion in money market funds, and $ 1.5 billion in a rebus purchase contract.
“In one quarter of the market turbulence, tether provided record results that emphasized the company’s financial intensity and increased global relevance.
According to tether, the circulation supply of the famous dollar, which is famous for the stable processing USDT, also increased by $ 7 billion, and user wallets increased by 46 million in the first quarter.
In the first quarter, this is the first time that the company is regulated in El Salvador, which has been registered as a Stablecoin publisher according to the country’s Digital Assets framework.
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Created image: dalle3