$USDC

USDT supply exceeds 150 billion dollars and 'Tether' achieves a historic milestone

Tether announced that the total circulating supply of USDT has surpassed the 150 billion dollar mark, according to the latest update on the official transparency page, which was confirmed by 'Paolo Ardoino', the company's CEO, in a post on platform X on Monday.

This achievement comes as a culmination of two years of continuous growth in the company's performance, supported by strong returns from its investments in U.S. Treasury bonds.

Tether reported in its recent quarterly reports that it achieved operating profits exceeding one billion dollars, within an upward trajectory that began in the second half of 2022.

The company indicated that its total exposure to U.S. Treasury bonds reached about 120 billion dollars in the first quarter of 2025, including indirect investments through money market funds and reverse repurchase agreements.

Short-term bonds constitute the largest part of the USDT support reserves, according to the company's statements.