$XRP Tether reports 1.000 billion dollars in operating profits in the first quarter and 5.600 billion dollars in excess reserves

Tether's current excess reserves are at their lowest level since the second quarter of 2024, when the company had 5.300 billion dollars in reserves.Tether, the company behind the world's largest stablecoin by market capitalization, has published its financial results for the first quarter of 2025, revealing an exposure of nearly 120.000 billion dollars in U.S. Treasury bonds and over 1.000 billion dollars in operating profits.

According to Tether's financial report for the first quarter of 2025, the company's assets include 98.500 billion dollars in direct U.S. Treasury bills, along with over 23.000 billion dollars in additional exposure through repurchase agreements and other cash-equivalent assets.