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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
Gate Square TOP 40 Creator Leaderboard is out
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Tether Q1 Report: Holds nearly $120 billion in U.S. Treasuries, confirms quarterly operating profit exceeding $1 billion.
According to Foresight News, Tether has released its Q1 2025 report, stating that as of March 31, 2025, Tether's total exposure to U.S. Treasuries (including money market funds and indirect holdings in reverse repurchase agreements) has reached a historic high of nearly $120 billion, confirming quarterly operating profits exceeding $1 billion. Additionally, in the first quarter, the USDT circulating supply rose by approximately $7 billion, with approximately 46 million new USDT wallets added, representing a quarter-over-quarter growth of 13%.