Tether, the largest stablecoin issuer in the world, continues to make its mark with a profit of 1 billion USD in Q1/2025, pushing USDT's market capitalization close to 150 billion USD. With a strong investment strategy in US Treasury bills and business expansion, Tether not only maintains its leading position but also lays the foundation for new advances in the digital economy. Below is a detailed summary of Tether's achievements and plans during this period.
Q1/2025 Profit: 1 Billion USD and Strength from US Treasury Bills
According to the report on May 1, 2025, #Tether achieved a profit of over 1 billion USD in Q1/2025, following the record profit of 13 billion USD in 2024. This achievement comes from the company holding over 120 billion USD in US Treasury bills, helping to maintain financial stability amid global market volatility due to macroeconomic factors and trade wars between the US and other countries. As of the end of March 2025, Tether owned 149 billion USD in assets, including:
121 billion USD in US Treasury bills, cash, and cash equivalents (backing for USDT).
6.6 billion USD in gold.
7.6 billion USD in Bitcoin.
4.4 billion USD in other investments.
8.8 billion USD in loan assets.
Compared to Q4/2024, all indicators increased slightly, except for Bitcoin investments which decreased due to price adjustments. However, the report does not reflect the purchase of 8,888 BTC on April 1, raising Tether's total Bitcoin holdings to 95,700 BTC, worth 9.2 billion USD.
USDT Market Capitalization Close to 150 Billion USD: Dominating the Stablecoin Market
USDT supply surged from 143 billion USD to 148.6 billion USD, accounting for over 64% of the stablecoin market share, far ahead of $USDC (60 billion USD). Ethereum currently leads with 72.9 billion USDT, followed by TRON with 70.7 billion USDT. The number of wallets holding USDT reached 415 million, an increase of 13% compared to the previous quarter, indicating a growing level of acceptance worldwide.
Business Expansion and Investment Strategy
In Q1/2025, Tether accelerates investment and expansion:
Invested in the Juventus football club (Italy), becoming the largest shareholder with over 10% ownership.
Promoted the gold-backed stablecoin XAUT, achieving a supply of 800 million USD.
Collaborated with Cantor Fitzgerald and SoftBank to open a Bitcoin investment fund worth over 3 billion USD.
The company also appointed Mr. Simon McWilliams as the new Chief Financial Officer, preparing for a comprehensive audit. The biggest goal for 2025 is to issue a USDT version compliant with US law, taking advantage of the trend of crypto acceptance under President Donald Trump's administration.
Long-Term Vision from Tether CEO
CEO Paolo Ardoino emphasized: 'Q1/2025 confirms Tether's stability and long-term vision. We focus on bringing trust, transparency, and value to millions of users while promoting the digital economy and responsibly strengthening the role of the US dollar.' Tether aims to be a bridge between traditional finance and the digital economy, especially as the US becomes increasingly open to cryptocurrencies.
Conclusion
With a profit of 1 billion USD and USDT market capitalization close to 150 billion USD, Tether continues to assert its dominant position in the stablecoin market. Strategic moves such as investing in US Treasury bills, expanding business, and preparing for a US law-compliant version of USDT show the company's great ambitions. Will Tether continue to lead the digital economy trend? Investors and the crypto community need to closely monitor to not miss opportunities from this empire! #anhbacong