Tether, the 143 billion dollar Stablecoin giant, was the seventh largest buyer in the world for the United States Treasury, bypassing some of the world's largest countries.
Tether, USDT (USDT), the largest Stablecoin in the world, was the seventh largest US Treasury buyer in the world, bypassing Canada, Taiwan, Mexico, Norway, Hong Kong, and many other countries.
Stablecoin source acquired more than $ 33.1 billion in the treasury, compared to more than $ 100 billion purchased by Kayman Island primarily in the world rankings, according to Paulo Erdino, CEO of Tether.
Erdino wrote on March 20 ( mail.
Source: Paulo Erdino
However, Luxembourg's characters and Kayman Island characters include “all hedge boxes that buy to T-Bells”, Erdino indicated in the responses, while Tether numbers represent one entity investment.
Tether is invested in US Treasury bonds as additional support assets for US dollar stablecooin because Treasury bonds are the short -term custodians issued by the United States government and are considered some of the safest investments and most liquid investments available.
Related to: The American Bitcoin reserves represents the “real step” towards global financial integration
Tether's great growth comes during a period of the growing Stablecoin adoption between both American investors and legislators.
source: INTOTHEBLOCK
The growing stablecoin supplies recently exceeded $ 219 billion and continued to rise, indicating that the market “is likely still in the middle of the cycle” instead of the bull's running peak, according to analysts.
Related to: Paulo Erdino: Competitors and politicians intend to “kill the rope”
Bill Bill Stablecoin may pass as soon as August: Blockchain Association
Christine Smith, CEO of the Industry's Defense Group, said during the 2025 digital assets summit in the 2025th Division Block in New York.
Smith's timetable is chanted by similar expectations by Bo Hines, CEO of the Chairman House of Advisors in digital assets, who said on March 18 he is expected to see comprehensive legislation in Stablecoin in the coming months.
“I think we are about to be able to accomplish those who do August (…) they are doing a lot of work on the scenes at the present time,” Smith said on March 19 at the summit attended by Cointelegraph.
US President Donald Trump sits next to Treasury Secretary Scott Pesin at the White House encryption summit March 7. source: Associated Press
She added: “I am optimistic when you have chairs from the relevant committees in the House of Representatives, the Senate and the White House that want to do something, and I got voices from the two parties in the Congress to reach them.”
https://www.youtube.com/watch?
magazine: ETH may decrease at $ 1.6,000, delay SEC ETFS multiple Crypto, and more: Hodler's Digest, from 9 to 15 March.
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