Tether says its “total exposure” to US Treasurys had neared $120B at the end of March, and reports $1B+ in Q1 operating profit from traditional investments (RT Watson/The Block)

RT Watson / The Block:
Tether says its “total exposure” to US Treasurys had neared $120B at the end of March, and reports $1B+ in Q1 operating profit from traditional investments  —  - Tether said its “total exposure” to U.S. Treasurys had neared $120 billion at the end of March.