TETHER HOLDS $7.6 BILLION IN #BITCOIN‼️

#Tether recently published their financial report for Q1👇

▶️ The company’s total holdings in U.S. Treasuries, including indirect investments, reached a record high of nearly $120 billion.

▶️ Profits from traditional investment activities surpassed $1 billion.

▶️ Tether reported $5.6 billion in excess reserves.

▶️ #USDT circulation rose by approximately $7 billion, while the number of user wallets grew by 46 million, marking a 13% monthly increase.

Impressive stats in Q1🔥