Tether Surpasses South Korea With $127 Billion in U.S. Treasury Holdings
19h05 ▪
3
min read ▪ by
Tether no longer plays in the small leagues. The issuer of USDT becomes the 18th largest global holder of US Treasury bonds, alongside states. And that is not a detail. Tether surpasses South Korea, a G20 member, with $127 billion in US Treasury bonds held. Yes, you read that right. A company from crypto outperforms an industrial state in government bonds.
In Brief
- Tether holds $127 billion in US Treasury bonds, ahead of South Korea.
- The USDT stablecoin explodes with $26 billion…
