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Tether Holds $135 Billion in US Treasury Bonds, Ranks as 17th Largest Holder Globally
Summary: According to reports, Tether CEO Paolo Ardoino stated that the stablecoin Tether holds $135 billion in US Treasury bonds, surpassing South Korea to become the 17th largest holder of US bonds globally if considered as a country. Tether's holdings are close to Brazil, ranking just after Norway. Japan remains the largest foreign holder of US ...
According to reports, Tether CEO Paolo Ardoino stated that the stablecoin Tether holds $135 billion in US Treasury bonds, surpassing South Korea to become the 17th largest holder of US bonds globally if considered as a country.
Tether's holdings are close to Brazil, ranking just after Norway. Japan remains the largest foreign holder of US bonds with holdings exceeding $1.1 trillion, followed by the UK and China.
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Link: Tether Holds $135 Billion in US Treasury Bonds, Ranks as 17th Largest Holder Globally [Copy]