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Tether Surpasses South Korea With $127 Billion in U.S. Treasury Holdings

Tether Surpasses South Korea With $127 Billion in U.S. Treasury Holdings


19h05 â–ª
3
min read â–ª by
Evans S.

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.

Crypto colossus Tether towers over South Korea with a 7 billion Treasury bond in hand.Crypto colossus Tether towers over South Korea with a 7 billion Treasury bond in hand.

In Brief

  • Tether holds $127 billion in US Treasury bonds, ahead of South Korea.
  • The USDT stablecoin explodes with $26 billion…

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