Ex-DOGE head, Vivek Ramaswamy backs Tether’s US Treasury strategy to sustain USD status

Tether’s CEO Paolo Ardoino shared a post on X yesterday that Tether was the seventh-largest buyer of US Treasuries in 2024. The company accumulated $33.1B worth of US Treasury securities last year, outranking countries like Canada, Mexico, and Germany.  Since 2023, Tether, the issuer of the world’s largest stablecoin, USDT, has strategically invested in U.S. […] source: https://www.cryptopolitan.com/ex-doge-vivek-backs-tether-us-treasury/