According to BlockBeats, Tether International released its Q1 2025 report, completed by BDO. The report confirms the accuracy of Tether's financial data and reserve report, providing a detailed asset transparency statement as of March 31.
The report shows that Tether's total exposure to U.S. Treasury securities has reached a historic high of nearly $120 billion, highlighting its crucial role as a hub for U.S. dollar liquidity distribution. The traditional investment portfolio generated over $1 billion in operating profit, primarily due to its holdings in U.S. Treasury securities.
In the first quarter, the circulation of USDT increased by about $7 billion, with total assets of the issuer reaching at least $149.2 billion and total liabilities of $143.6 billion, fully covering its liabilities. Approximately 46 million new USDT wallets were added, a month-on-month increase of 13%.
