Tether Reports $1B Q1 Profit, $5.6B in Excess Stablecoin Reserves

Tether Reports $1B Q1 Profit, $5.6B in Excess Stablecoin Reserves

The issuer of the most popular stablecoin in the world, Tether Holdings Ltd., has revealed an operating profit of more than $1 billion for the first quarter of 2025, demonstrating its dominance in the ecosystem of digital assets. Additionally, the business announced that its USDT token has $5.6 billion in surplus reserves, down from $7.1 billion in the previous quarter. Tether stated in its Q1 2025 financial report that it has about $98.5 bil...

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