Tether holds 135 billion U.S. Dollars in treasury bills, surpassing South Korea

Tether now holds 135 billion U.S. Dollars in Treasury bills, making it the 17th largest holder of U.S. Debt. This surpasses South Korea and draws closer to Brazil, highlighting its significance in the global liquidity market.

Despite USDT’s dominance, USDC is on the rise regarding transaction volume and institutional adoption. Tether is also diversifying by launching new AI-related products alongside its stablecoin offerings.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts