Tether Acquired $65 Billion in US Treasury Bonds in Q1 2025

Tether just released its Q1 2025 Attestation Report, describing a massive increase in US Treasury bond holdings. The firm purchased over $65 billion in these assets between January 1 and the end of the quarter. Tether’s report also repeatedly mentioned a potential role in global US dollar flows, calling USDT “the leading digital representation” of this currency. The firm’s treasury holdings now represent more than 80% of its total assets source: https://beincrypto.com/tether-buys-65-billion-us-treasury-bonds/