Tether has released its financial statement for the first quarter of 2025. According to the report, the company’s total exposure to US Treasury bonds reached an all-time high of approximately $120 billion as of March 31, 2025.
During the same period, Tether's total assets exceeded $149.27 billion, while its liabilities stood at $143.68 billion. Thus, the company's assets exceeded its liabilities by $5.6 billion.
The circulating supply of USDT increased by approximately $7 billion in the first quarter of the year, while user wallets also increased by 46 million.
Tether CEO Paolo Ardoino made the following statement regarding the report:
“The first quarter of 2025 has solidified Tether’s leadership in stability, strength, and vision. With record US Treasury exposure, growing reserves, strong profits, and increasing adoption of USDT globally, we remain committed to delivering trust, transparency, and value to our users. Our mission is clear: to support the digital economy in a responsible and compliant manner and strengthen the role of the US dollar in the global arena.”
*This is not investment advice.
