Tether’s US treasury holdings surpass Canada, Taiwan, ranks 7th globally

Tether, the $143 billion stablecoin giant, was the world’s seventh-largest buyer of United States Treasurys, surpassing some of the world’s largest countries. Tether, the issuer of USDt (USDT), the world’s largest stablecoin, was the world’s seventh-largest US treasury buyer, surpassing Canada, Taiwan, Mexico, Norway, Hong Kong, and numerous other countries. The stablecoin issuer acquired over $33.1 billion worth of treasuries, compared to over $100 billion purchased by the Cayman Island in the first place in global rankings, according to Paolo Ardoino, the CEO of Tether source: https://cointelegraph.com/news/tether-becomes-7th-largest-us-treasury-holder-stablecoin-growth?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound