Tether Registers $1B in Operating Profit for Q1

  • TL;DR Over $1B in Q1: Tether delivered a stellar quarter with operating profits exceeding $1 billion, bolstered by a robust treasury portfolio nearing $120 billion. Surging Demand: The stablecoin's total supply grew by around $7 billion while user wallets expanded by 46 million, highlighting rising global trust in digital dollar assets.