Tether's US treasury holdings surpass Canada, Taiwan, ranks 7th globally

Tether, the $143 billion stablecoin giant, was the world’s seventh-largest buyer of United States Treasurys, surpassing some of the world’s largest countries. Tether, the issuer of USDt (USDT), the world’s largest stablecoin, was the world’s seventh-largest US Treasury buyer, surpassing Canada, Taiwan, Mexico, Norway, Hong Kong, and numerous other countries. The stablecoin issuer acquired over $33.1 billion worth of Treasurys, compared to over $100 billion purchased by the Cayman Island ...