Tether’s Dominance: Opportunities and Risks for SMEs in the Crypto Landscape
Tether (USDT) is now the king of stablecoins, huh? With that comes a lot of influence in the crypto space, and if you’re a small or medium enterprise looking to dive into this world, you need to know what’s going on with Tether’s reserves and the market.
The Reserve Strategy and Its Implications
First things first, Tether’s reserve strategy is a big deal. They’re sitting on around $127 billion in U.S. Treasuries, which is a lot. They’re basically one of the biggest holders of these securities around. This isn’t just for show; it gives USDT liquidity, but it also ties Tether closely to the U.S. government bond market. They’re diversifying a bit, with some physical gold and Bitcoin in the mix, which is good for stability,…