Tether Rakes in $1B Profit While Sitting on $120B Treasury Hoard – Stablecoin Giant Defies Crypto Winter
Tether’s latest attestation reveals the stablecoin behemoth isn’t just surviving the crypto downturn—it’s thriving. Q1 2025 numbers show over $1 billion in pure profit, with Treasury holdings ballooning to nearly $120 billion.
Behind the numbers: While traditional banks sweat over capital requirements, Tether keeps minting money (literally) by playing the yield curve. Its USDT dominance now looks less like a stablecoin and more like a shadow banking powerhouse.
The kicker? This comes as regulators scramble to rein in ’risky’ DeFi protocols—apparently missing the elephant in the room. Tether’s war chest now rivals mid-sized nations’ reserves, proving once again that in crypto, the house always wins.