Tether was 7th largest US Treasury holder in 2024, surpassing nations like Canada and Norway

Tether has emerged as a major player in the US Treasury market, securing its position as the seventh-largest buyer of these government-backed securities in 2024. In a March 20 update on X, Tether CEO Paolo Ardoino revealed that the company had acquired $33.1 billion in US Treasuries. source: https://cryptoslate.com/insights/tether-was-7th-largest-us-treasury-holder-in-2024-surpassing-nations-like-canada-and-norway/