Tether is now the 22nd-biggest US Treasury bond holder with $72.5 billion!

Creator: Mustafa Mulla Sep 5, 2023 14:06

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.

Tether has turn into the Twenty second largest holder of US Treasury bonds with $72.5 billion in belongings. The corporate is now forward of a number of international locations, together with Australia, Spain, Mexico, and the United Arab Emirates. The announcement arrives as Tether faces elevated scrutiny over its reserves and position within the digital forex sector. Circle additionally just lately reported holding $8.389 billion in US Treasury securities, additional demonstrating the bridge between cryptocurrency and traditional finance.