{"id":126236,"date":"2025-04-01T12:16:10","date_gmt":"2025-04-01T12:16:10","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=126236"},"modified":"2025-04-01T12:16:10","modified_gmt":"2025-04-01T12:16:10","slug":"tether-adds-8888-bitcoin-in-q1-as-holdings-exceed-8-4b","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=126236","title":{"rendered":"Tether adds 8,888 Bitcoin in Q1 as holdings exceed $8.4B"},"content":{"rendered":"

Source: Cointelegraph.com NewsTether, issuer of the USDT stablecoin, acquired 8,888 Bitcoin in the first quarter of 2025, according to onchain data.
\nOnchain transaction data shows that Tether moved its newly acquired Bitcoin (BTC), worth roughly $750 million at the time of writing, from a Bitfinex address to a wallet it controls. Data provided by onchain analytics platform Arkham Intelligence shows that the firm currently holds 100,521 BTC, worth about $8.46 billion.
\nTether\u2019s Bitcoin balance chart. Source: Arkham IntelligenceThe news follows mid-February reports that Tether could be forced to sell part of its Bitcoin holdings to comply with proposed US regulations. JP Morgan wrote in a report that potential stablecoin regulation could consider a significant portion of the firm\u2019s current reserve as non-compliant:
\n\u201cUnder the proposed bills, Tether would have to implicitly replace its non-compliant assets with compliant assets. This would imply sales of their non-compliant assets (such as precious metals, Bitcoin, corporate paper, secured loans.\u201d
\nStill, Tether argued against the conclusion of the JP Morgan analyst. A Tether spokesperson criticized the analysts in correspondence sent to Cointelegraph, saying \u201cthey understand neither Bitcoin nor Tether\u201d and highlighting that the US stablecoin laws have yet to be finalized.
\nRelated: Binance ends Tether USDT trading in Europe to comply with MiCA rules
\nTether becomes an investment powerhouse
\nTether reported $13 billion of profit in 2024, leading to a significant capital reserve that the firm funneled into large-scale investment ventures. As a result of this explosive growth, the stablecoin issuer became the world\u2019s seventh-largest buyer of US Treasurys, surpassing financially significant countries such as Canada, Taiwan, Mexico, Norway and Hong Kong.
\nAt the end of March, Tether invested 10 million euros ($10.8 million) in Italian media company Be Water. In February, the firm acquired a majority stake in Juventus FC, a major Series A football club based in Turin, Italy, and\u00a0also sought to acquire a majority stake\u00a0in South American agribusiness Adecoagro.
\nThe firm\u2019s influence is already growing as a result of those investments. Rumble, a video platform in which\u00a0Tether invested $775 million in late 2024, recently\u00a0announced the launch\u00a0of its wallet for content creator payments with support for Tether\u2019s USDt.
\nRelated: \u2018Stablecoin multiverse\u2019 begins: Tether CEO Paolo Ardoino
\nUSDt keeps growing
\nTether\u2019s USDt is the world\u2019s leading stablecoin and the third digital asset by market cap, according to CoinMarketCap data. At the time of writing, USDt\u2019s total supply stands at just under 148 billion.
\nIgnoring the minor deviations from the US dollar\u2019s value, that supply would place the current market cap at almost $148 billion. Whale Alert data shows that on March 31, Tether minted a billion dollars worth of USDt on the Tron blockchain.
\nUSDt minting, burning and Bitcoin price. Source: Whale AlertBitcoin\u2019s price has historically tended upward following upticks in USDt minting and large-scale USDt minting has usually followed significant Bitcoin price increases. David Pakman, managing partner at crypto-native investment firm CoinFund, recently said that the global stablecoin supply could surge to $1 trillion by the end of 2025, potentially becoming a key catalyst for broader cryptocurrency market growth.
\nMagazine: Chinese Tether laundromat, Bhutan enjoys recent Bitcoin boost: Asia ExpressRead More<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Source: Cointelegraph.com NewsTether, issuer of the USDT stablecoin, acquired 8,888 Bitcoin in the first quarter of 2025, according to onchain data. Onchain transaction data shows that Tether moved its newly… <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126236"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126236"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126236\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126236"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}