Tether, the largest stablecoin company in the cryptocurrency space, has become one of the largest buyers of U.S. treasuries as a way of backing the value of the over 140 billion USDT issued. According to data posted by Tether CEO Paolo Ardoino, the company purchased over $33 billion in treasuries in 2024, only falling behind […]
Source: https://news.bitcoin.com/tether-ranks-seventh-among-top-us-treasuries-buyers-in-2024/
Tether Ranks Seventh Among Top US Treasuries Buyers in 2024
