Tether's Q1 financial report is stunning: holdings of US Treasury bonds reached a record high of $120 billion, with net profit exceeding $1 billion in Q1!

The circulation of USDT increased by 7 billion coins, with an additional 46 million wallets created.

So, while stablecoins may not be exciting, they are definitely the most stable foundation in the crypto world.

Moreover, with such efforts to buy Treasury bonds, it might also have some clout in front of Trump.

Tether is increasingly resembling a central bank in the crypto space; this profitability and asset structure directly reinforces the confidence of the entire market.

The explosive growth in the number of new wallets further indicates that retail investors are significantly entering the market.

Haha, the price is about to hit “window paper” 100k again! $BTC