Tether hits hard at the beginning of 2025: with more than $ 1 billion in profits and $ 5.6 billion in surplus reserves, the Stablecoins leader confirms his supremacy in the crypto market. A financial performance that strengthens its position in the face of regulators and emerging competitors.
In short
- Tether records $ 1 billion in T1 2025 and $ 5.6 billion in excess reserves.
- The USDT reaches $ 149 billion in capitalization, with $ 7 billion issued and 46 million new portfolios.
- Tether holds nearly $ 120 billion in US and equivalent treasury bills.
- His domination worries Europe and pushes Russia to develop an alternative national stablecoin.
Crypto: Tether's crazy results in Q1 2025
Tether strengthens his domination in the crypto segment of stablecoins with remarkable financial results in the first quarter of 2025. The USDT transmitter displays:
- $ 1 billion in operational profit;
- $ 5.6 billion in surplus reserves, although slightly down compared to the $ 7.1 billion in T4 2024;
- $ 149 billion in capitalization for the USDT;
- 7 billion dollars of new tokens issued in the quarter;
- and 46 million new user portfolios.
On the active side, Tether reveals a massive exhibition to American treasury bills, with:
- $ 98.5 billion in treasury vouchers held directly,
- 23 billion additional dollars via pension agreements and other cash equivalents.
Despite the drop in its surplus reserves, the company has solvency greater than its obligations, consolidating its leading position in a crypto ecosystem under close surveillance.
USDT under surveillance: concerns in Europe, retaliated in Russia
These results Show that the domination of the stables leaning against the dollar is intensifying, with 87 % of the market held by USDT and USDC. According to the projections of the US Treasury, this capitalization could reach $ 2,000 billion by 2028. But this growth also arouses concerns and represents a very great danger for Europe.
To this end, the European authorities, including the Bank of Italy, warn the systemic risks of these currencies, which threaten global financial stability. Even Russia plans to reduce its dependence on the stablecoin USDT by developing its own national digital currency. This initiative follows the blocking by TETHER of wallets linked to the Russian Crypto Platform Guarantx, freezing more than 2.5 billion rubles (approximately 30 million dollars).
With record profits and growing influence, Tether remains the essential leader in Crypto finance, despite the rise of other stablecoins. But its ascent raises geopolitical tensions and regulatory alerts … Between technological opportunity and systemic threat, the future of stablecoins promises to be as strategic as they are controversial.
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