Tether Becomes 22nd Largest Holder of US Treasury Bills
Tether, a major stablecoin issuer, has become the 22nd largest holder of US Treasury bills (T-bills). This puts Tether ahead of several countries, including the United Arab Emirates, Australia, and Mexico, in terms of US debt holdings. Tether currently has a market capitalization of around $82.9 billion, with nearly 87% of that capitalization backed by […]