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Tether would be the 25th largest holder of U.S treasuries if it were a country

May 23, 2023
in Crypto Exchanges
Reading Time: 1 min read
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Fast Take

This month, the USDT attestation report for Q1 2023 confirmed it held $53 billion price of U.S. treasuries.
If Tether have been a rustic, it could be the twenty fifth largest holder of U.S. treasuries.
Tether (USDT) mentioned it could use 15% of its internet realized working income to buy Bitcoin (BTC). CryptoSlate‘s current market report gives extra in-depth protection of the acquisition.
The info under display the vary of countries holding U.S. treasuries, which CryptoSlate analyzed assuming Japan and China proceed to minimize dependency on U.S. treasuries.

US Treasuries: (Source: Gabor Gurbacs)
US Treasuries: (Supply: Gabor Gurbacs)
US Treasury Holdings: (Source: ticdata.treasury.gov)
US Treasury Holdings: (Supply: ticdata.treasury.gov)

The publish Tether could be the twenty fifth largest holder of U.S treasuries if it have been a rustic appeared first on CryptoSlate.

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Tags: 25thcountryHolderLargestTetherTreasuriesU.S
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