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The Crypto Basic 2023-09-05 10:51:28

Tether Now Holds $72.5B in US Treasury Bonds, Surpassing UAE, Mexico, Australia, and Spain

Tether is now the 22nd largest holder of US T-Bills, surpassing UAE, Mexico, Australia, and Spain. Tether, the issuer of the world’s largest stablecoin USDT, currently holds $72.5 billion in US Treasury Bills (T-Bills), according to a statement from the company’s CTO Paolo Ardoino. This makes Tether the 22nd largest holder of T-bills globally, surpassing The post Tether Now Holds $72.5B in US Treasury Bonds, Surpassing UAE, Mexico, Australia, and Spain first appeared on The Crypto Basic .

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