What Happens to Tether if Japan Dumps US Treasuries? Depeg Risks Explained

Japan, the world’s largest foreign holder of US government debt, is stoking market anxiety as analysts warn that a potential large-scale bond sell-off could be approaching. The concern is rippling into the crypto sector, where Tether, issuer of the USDT stablecoin backed primarily by over $113 billion in US Treasuries, faces renewed scrutiny over possible depeg risks. Analysts Warn Japan Could Dump US Treasuries as Domestic Yields Surge According to the latest data from the US Department of the Treasury, foreign appetite for US Treasuries weakened in September. Total overseas holdings edged down to $9 source: https://beincrypto.com/tether-depeg-risk-japan-treasury-selloff/