Tether（USDT）對美國財政部的投資接近1,200億美元

USDT Stablecoin背後的公司Tether表示，到3月底，已向美國財政部投資了將近1,200億美元。

Tether, the company behind the USDT stablecoin, reported having nearly $120 billion invested in U.S. Treasurys by the end of March, according to a report released Thursday.

根據周四發布的一份報告，Tether是USDT Stablecoin背後的公司Tether，報告說，到3月底，已向美國財政部投資了近1,200億美元。

The company also made more than $1 billion in profit from its traditional investments during the first quarter. However, that’s a big drop compared to the $6 billion profit it reported in the previous quarter.

該公司在第一季度還從傳統投資中賺了超過10億美元的利潤。但是，與上一季度報告的60億美元利潤相比，這是一個很大的下降。

The company’s U.S. Treasury holdings reached nearly $120 billion, the highest in its history. These numbers, confirmed by global accounting firm BDO, show Tether’s increased dominance.

該公司的美國財政部持有量達到近1,200億美元，是其歷史上最高的。這些數字由全球會計公司BDO確認，表明了Tether的統治地位。

Tether’s USDT remains the world’s largest U.S. dollar-backed stablecoin, with around $150 billion in circulation. The company regularly releases quarterly reports showing the reserves backing USDT.

Tether的USDT仍然是世界上最大的美元支持的Stablecoin，其發行量約為1500億美元。該公司定期發布季度報告，顯示儲備金支持USDT。

Tether said its nearly $120 billion in U.S. Treasury exposure includes both direct investments and indirect holdings through money market funds and reverse repurchase agreements. Direct investments in Treasurys made up about $99 billion at the end of Q1.

Tether表示，其在美國財政部的近1,200億美元包括通過貨幣市場基金和反向回購協議的直接投資和間接持股。在第一季度結束時，對財政部的直接投資約為990億美元。

After reporting a whopping $6 billion profit for Q4 2024, Tether's earnings decreased significantly in Q1 2025. The company announced a profit of over $1 billion for the period, a decline from the previous quarter's earnings.

在報告第4季度2024年第4季度的利潤高達60億美元後，Tether的收入在2025年第1季度大大下降。該公司宣布該時期的利潤超過10億美元，比上一季度的收益下降。

The company's Q4 profit was largely driven by gains from Bitcoin and gold, which helped buffer against the volatility in the crypto market. However, this time, most of the profit came from the steady returns on U.S. Treasurys, while gold further aided in balancing out the crypto market fluctuations.

該公司的第四季度利潤在很大程度上是由比特幣和黃金的收益驅動的，這有助於緩衝加密市場的波動。但是，這次，大部分利潤來自美國財政部的穩定回報，而黃金則進一步有助於平衡加密市場的波動。