Tether（USDT）对美国财政部的投资接近1,200亿美元

USDT Stablecoin背后的公司Tether表示，到3月底，已向美国财政部投资了将近1,200亿美元。

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.

根据周四发布的一份报告，Tether是USDT Stablecoin背后的公司Tether，报告说，到3月底，已向美国财政部投资了近1,200亿美元。

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.

该公司在第一季度还从传统投资中赚了超过10亿美元的利润。但是，与上一季度报告的60亿美元利润相比，这是一个很大的下降。

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.

该公司的美国财政部持有量达到近1,200亿美元，是其历史上最高的。这些数字由全球会计公司BDO确认，表明了Tether的统治地位。

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，其发行量约为1500亿美元。该公司定期发布季度报告，显示储备金支持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，其在美国财政部的近1,200亿美元包括通过货币市场基金和反向回购协议的直接投资和间接持股。在第一季度结束时，对财政部的直接投资约为990亿美元。

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.

在报告第4季度2024年第4季度的利润高达60亿美元后，Tether的收入在2025年第1季度大大下降。该公司宣布该时期的利润超过10亿美元，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.

该公司的第四季度利润在很大程度上是由比特币和黄金的收益驱动的，这有助于缓冲加密市场的波动。但是，这次，大部分利润来自美国财政部的稳定回报，而黄金则进一步有助于平衡加密市场的波动。