Tether International, S.A. de C.V. (TI) has released its Q1 2025 attestation, independently verified by BDO, one of the world’s top five accounting firms. The report highlights a record-breaking quarter, with U.S. Treasury exposure nearing $120 billion and operating profit exceeding $1 billion.
This milestone also marks Tether’s first attestation under El Salvador’s regulatory oversight, strengthening its commitment to transparency and compliance.The attestation reveals Tether’s conservative reserve strategy, with total assets of at least $149.3 billion surpassing liabilities of $143.7 billion, including $5.6 billion in excess reserves. In Q1, the circulating supply of USD₮ rose by approximately $7 billion, while user wallets increased by 46 million, signaling growing confidence in Tether’s stability and its position as the leading digital dollar.
Tether Investments also directed over $2 billion into sectors such as renewable energy, artificial intelligence, and data infrastructure, reflecting its vision for sustainable digital economies.This quarter’s attestation, conducted under El Salvador’s Digital Assets framework, bolsters Tether’s reputation as a compliant and transparent stablecoin issuer.
Paolo Ardoino, CEO of Tether, commented:
“Q1 2025 showcases Tether’s continued leadership in stability, strength, and vision. With record U.S. Treasury exposure, growing reserves, strong profits, and increased adoption of USD₮ worldwide, we remain focused on delivering trust, transparency, and value to hundreds of millions of users. Our mission is clear: to responsibly and compliantly power the digital economy and strengthen the role of the U.S. dollar on the global stage.”
Tether’s strategic investments and financial resilience place it at the forefront of traditional and decentralized finance, reinforcing the U.S. dollar’s global significance. The full Consolidated Reserves Report and attestation are available for review.
About Tether International, S.A. de C.V.
Founded in 2014, Tether International, S.A. de C.V. issues USD₮, the world’s leading stablecoin, offering a stable, efficient, and accessible digital version of the U.S. dollar. Tether’s mission is to empower the global digital economy through trust, transparency, and liquidity on a massive scale. Operating in over 100 countries, Tether serves millions of users with a conservative reserve strategy, backed by substantial U.S. Treasury holdings. Regulated in El Salvador under its Digital Assets framework, Tether pioneers compliant stablecoin issuance.
For more details, view the Q1 2025 Consolidated Reserves Report and attestation PDF.
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