Tether Posts Record Profit in Q1: Despite Crypto Volatility
Despite the turbulent conditions in the crypto market, Tether, the issuer of the largest stablecoin USDT, raised its first-quarter net profit to 1.04 billion dollars. The company increased its excess reserves to a record 8.23 billion dollars. USDT circulation maintained its stability; total token liabilities reached 183 billion dollars as of March 31. Total assets approached 192 billion dollars. These results were included in the company's quarterly report.
Tether closed 2025 with net profit exceeding 10 billion dollars but did not share previous quarter figures. Excess reserves jumped from 6.3 billion dollars at year-end; this was supported by consistent profitability and a reserve structure based on short-term high-quality liquid instruments. Reserves, mostly from US Treasury bonds, also include physical gold and assets like BTC detailed analysis. The company is the 17th largest US bond holder globally; in the last two years, it surpassed Taiwan, Israel, and the UAE to enter the top 10 buyers.
Meanwhile, Visa expanded its stablecoin settlement pilot to include Base, Polygon, Canton Network, Arc, and Tempo in addition to Ethereum, Solana, Avalanche, and Stellar. This accelerates the use of stablecoins in non-trading international payments. Recent news of Coinbase International's listing of MegaETH (MEGA) in the AVAX futures market shows increasing stablecoin demand.
Critical Support and Resistance Levels for BTC
- Price: $78,368.71 (+2.48% 24s)
- Supports: S1 $71,926 (Strong, -7.98%), S2 $75,744 (Strong, -3.09%)
- Resistances: R1 $79,386 (Very Strong, +1.57%), R2 $81,870 (Medium, +4.75%)
- RSI: 60.88 (Neutral), Trend: Sideways, Supertrend: Bearish
Tether's success elevates USDT to third place with a 190 billion $ market cap after BTC and ETH, while accelerating the integration of the BTC futures market into traditional finance.
Frequently Asked Questions About Tether USDT and BTC Market
Q: What is Tether's Q1 profit? A: 1.04 billion dollars, reserves rose to 8.23 billion $.
Q: Does USDT reserves include BTC? A: Yes, assets like US Treasury bonds, gold, and BTC are included.
Q: Did BTC volatility affect Tether? A: No, stability was maintained; circulation at 183 billion $.