#mercado Expelled from Europe and growing even more: the USDT case

Despite an adverse regulatory context, the company Tether reported profits of USD 1 billion in the first quarter of the year. Tether, the issuer of USDT, the largest stablecoin in the digital asset market, presented its financial results for the first quarter of 2025.

The report was published in a particular context for the company: its recent exit from the European market. Tether ceased operations with USDT throughout the European Union (EU) following the entry into force of the Regulation on Crypto-Asset Markets (MiCA).