The Coin Rise 2025-05-01 19:39:13

Tether Reports Strong Q1 Growth With Record Treasury Holdings

Tether, the leading stablecoin issuer, has released its financial report for the first quarter of 2025. The report shows strong performance across key areas, including a new record in U.S. Treasury holdings and over $1 billion in profit. This update also comes as Tether now operates under new government rules in El Salvador. U.S. Treasury Holdings Reach All-Time High Tether’s growing exposure to U.S. Treasury securities is one of the report’s biggest highlights. The total value of these holdings is now close to $120 billion, the highest in the company’s history. This $120 billion includes direct purchases of U.S. government bonds, investments in money market funds, and reverse repurchase agreements backed by Treasury assets. These investments are considered low-risk and offer steady returns, making them a smart move for a company that manages billions of dollars in digital tokens like Tether. Tether’s substantial investment in U.S. Treasuries helped boost its income during the first quarter. The company earned more money from these government-backed assets as interest rates remain relatively high. BDO, one of the world’s top five independent accounting firms, reviewed and verified the report. In 2022, the stablecoin issuer partnered with BDO Italia for its USDT reserves review . Tether Earns Over $1B in Operating Profit Tether earned over $1 billion in operating profit during the first quarter of 2025. Most of this came from traditional investments like U.S. Treasuries. In addition, Tether’s gold holdings played a pivotal role. When the crypto market became unstable , gold helped balance the company’s earnings. This shows that Tether uses a mix of investment types to protect its profits during changing market conditions. According to the attestation report, Tether now holds $149.27 billion in total assets, and its total liabilities are $143.68 billion. This means the company has more assets than debts and is financially stable. This helps build trust among users and investors who rely on the company to support their stablecoins fully. Tether Gains Trading License in El Salvador Tether is now licensed as a stablecoin issuer in El Salvador. It operates under government regulation in the country, showing it is taking steps to follow legal rules and improve trust. This move shows Tether’s efforts to follow legal standards and operate more transparently. It also reflects how countries like El Salvador accept and regulate digital currencies more openly. The post Tether Reports Strong Q1 Growth With Record Treasury Holdings appeared first on TheCoinrise.com .

En Okunan haberler

Kraken Discovers North Korean Hacker Attempti...
2025-05-02
Two Prime Ditches Ethereum for Bitcoin, Citin...
2025-05-02
Economist Nouriel Roubini Sees U.S. Economy T...
2025-05-02
Trader Says Top-30 Decentralized Exchange Alt...
2025-05-02
Asian FX Surges as China Trade Hopes Boost Cu...
2025-05-02
Tether to Introduce U.S.-Backed Stablecoin by...
2025-05-02
WEMIX Faces Setback as South Korea’s Leading...
2025-05-02
Senate Majority Leader Thune Expedites Vote o...
2025-05-02

https://www.digistore24.com/redir/325658/ceobig/

Alakalı haberler

KuCoin to reenter South Korea after securing key m...
02 May 2025
Coinfest Asia: The world’s largest crypto festival...
02 May 2025
Two Prime Ends Ethereum Exposure, Citing Declining...
02 May 2025
XRP Macro Channel Update: Analyst Predicts $17 to...
02 May 2025
Shocking SEC Drops Crypto Lawsuit Against Ian Bali...
02 May 2025
Dogecoin and XRP ETF Excitement! Social Media Tren...
02 May 2025

Feragatnameyi okuyun : Burada sunulan tüm içerikler web sitemiz, köprülü siteler, ilgili uygulamalar, forumlar, bloglar, sosyal medya hesapları ve diğer platformlar (“Site”), sadece üçüncü taraf kaynaklardan temin edilen genel bilgileriniz içindir. İçeriğimizle ilgili olarak, doğruluk ve güncellenmişlik dahil ancak bunlarla sınırlı olmamak üzere, hiçbir şekilde hiçbir garanti vermemekteyiz. Sağladığımız içeriğin hiçbir kısmı, herhangi bir amaç için özel bir güvene yönelik mali tavsiye, hukuki danışmanlık veya başka herhangi bir tavsiye formunu oluşturmaz. İçeriğimize herhangi bir kullanım veya güven, yalnızca kendi risk ve takdir yetkinizdedir. İçeriğinizi incelemeden önce kendi araştırmanızı yürütmeli, incelemeli, analiz etmeli ve doğrulamalısınız. Ticaret büyük kayıplara yol açabilecek yüksek riskli bir faaliyettir, bu nedenle herhangi bir karar vermeden önce mali danışmanınıza danışın. Sitemizde hiçbir içerik bir teklif veya teklif anlamına gelmez