Tether Reports $1B Profit and $120B in US Treasuries in Q1 2025

Tether, the issuer of the world’s largest stablecoin USDT, has just published its Q1 2025 attestation — and the numbers are impressive.

According to the report, Tether now holds $120 billion in U.S. Treasury securities, making it one of the largest non-government holders globally. This shows growing trust in Tether’s reserves, especially as regulatory scrutiny increases worldwide.

Here are the key highlights:

• $1 billion in operating profit in Q1 2025

• $5.6 billion in excess reserves, giving a strong safety buffer

• $7 billion increase in USDT supply, reflecting global demand

These results indicate that Tether is not just surviving — it's thriving. The company continues to dominate the stablecoin market while proving that its backing assets are robust and transparent.

Why it matters:

• Market Confidence: These strong numbers may calm critics who question whether stablecoins are truly “fully backed.”

• Institutional Interest: As Tether’s U.S. Treasury exposure grows, it becomes increasingly tied to the broader financial system.

• Crypto Liquidity: With the $7B growth in USDT supply, there's more liquidity available for trading and DeFi.

Tether’s performance is sending a message: it wants to be seen not just as a crypto company, but as a serious financial player.

Will other stablecoin issuers be able to keep up?

Tell us what you think in the comments — and stay with Trafy.io for the latest in stablecoin trends and market moves.