TechFlow news, May 5 — According to Crowdfund Insider, Tether disclosed in its Q1 2025 audit report a quarterly operating profit exceeding $1 billion, primarily driven by returns from its U.S. Treasury investment portfolio. The report shows Tether holds nearly $120 billion in U.S. Treasuries, including $98.5 billion in direct holdings and approximately $23 billion via cash equivalents such as repurchase agreements.
The report indicates Tether's total assets stand at $149.3 billion, liabilities at $143.7 billion, and excess reserves at $5.6 billion. During the period, USDT supply grew by $7 billion, with 46 million new user wallets added and adoption rising by 13%. Additionally, Tether’s gold-backed token XAU₮ reached a market value of $770 million, backed by over 7.7 tons of physical gold.
Recently, Tether completed the acquisition of a 70% equity stake in South American agricultural company Adecoagro and increased its shareholding in Juventus Football Club to over 10%.
