Tether, giving USDT Stablecoin, gained 8,888 Bitcoin in the first quarter of 2025, according to Onchain data.
Onchain transaction Data Showing that Tether has moved this newly acquired bitcoin (Btc), costs about $ 750 million at the time of writing, from a bitfinex address to a purse it controls. The data provided by the Analytics platform of Onchain Arkham Intelligence Shut up That the firm is currently holding 100,521 BTC, which costs nearly $ 8.46 billion.
Tether’s Bitcoin Balance Chart. Source: Arkham Intelligence
The news follows mid -February reports that Tether may be forced to sell part of its Bitcoin handles to comply with the proposed US regulations. JP Morgan wrote in a report that the potential regulation of Stablecoin may consider a significant component of the company’s current reserve as non-compliance:
“Under the proposed bills, Tether must explicitly replace non-compliant properties with the following properties.
Although, though, Tether argued against the conclusion of JP Morgan analyst. A Tether spokesman criticized the analysts in the letter sent to Cointelegraph, saying that they “understood either Bitcoin or Tether” and featured that US Stablecoin laws have not yet been finalized.
Related: Binance ends Tether USDT Trading in Europe to follow Mica Rules
Tether becomes an investment powerhouse
Tether reported $ 13 billion of income in 2024, leading to a significant capital reserves that the firm is enjoying large -scale investment adventures. As a result of this explosion, the Stablecoin provider became The World’s Seventh-biggest US Treasurys largest buyerMore than important financial countries such as Canada, Taiwan, Mexico, Norway and Hong Kong.
By the end of March, Tether invested 10 million euros ($ 10.8 million) in the Italian media company. In February, the firm Got a predominantly stake in Juventus FCa major series of a football club based in Turin, Italy, and also sought to get a predominantly stake In South American Agribusiness Adecoagro.
The influence of the company is growing as a result of investments. Rumble, a video platform where Tether invested $ 775 Million in late 2024, recently The launch was announced of its purse for content creator payments with support for Tether’s USDT.
Related: ‘StableCoin Muliverse’ begins: Tether CEO Paolo Ardoino
USDT continues to grow
Tether’s USDT is the leading stablecoin in the world and the third digital asset of market cap, according to CoinmarketCap Data. At the time of writing, the total supply of USDT stood under only 148 billion.
Ignoring minor deviation from the US dollar value, that supply will put the current market cap at about $ 148 billion. Whale alert data Shut up That was on March 31, Tether posted a billion dollars worth USDT on the Tron Blockchain.
USDT Minting, Burning and Bitcoin prices. Source: Whale alert
The price of Bitcoin has historically tended upward following upticks in the USDT Minting and large USDT mininting usually comply with the significant increase in bitcoin prices. David Pakman, in charge of Crypto-T-napal-native investment firm Coinfund, recently said the global stablecoin Supply can move forward to $ 1 trillion By the end of 2025, it was potentially becoming a major catalyst for greater cryptocurrency market growth.
Magazine: Chinese Tether Laundromat, Bhutan is satisfied with the recent Bitcoin Boost: Asia Express
