Tether Buys $33 Billion in US Treasury Bonds, Boosting Compliance Efforts

Tether surprised the market by announcing that it purchased over $33 billion in Treasury bonds last year. This makes Tether the seventh-largest buyer of US bonds, ahead of countries like Canada, Mexico, and Germany. In a speech today, President Trump claimed that stablecoins will be used to promote dollar dominance worldwide. By purchasing these bonds, Tether could be securing an incredibly valuable partnership source: https://beincrypto.com/tether-buys-us-treasury-bonds-worth-33-billion/