Tether Rakes in Record $1B Q1 Profit—46M Wallet Surge Fuels $120B Treasury Bet

Tether has posted Q1 2025 profit above $1 billion, backed by $120 billion in U.S. Treasuries and gold gains. Assets exceed liabilities by $5.6 billion. USDT supply has added $7 billion and 46 million wallets. The issuer has obtained licensing in El Salvador and outlined a planned U.S.-focused token.