Tether Holds $72.5 Billion In US Treaury Bills, A Smart Investement?

2023-9-6 22:00

Tether, the company behind the prominent stablecoin USDT, holds $72. 5 billion worth of US Treasury bills (T-bill). This development was revealed initially in the company’s assurance report for Q2 2023.

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Tether (USDT) на Currencies.ru

$ 1.0003 (+0.00%)
Объем 24H $49.427b
Изменеия 24h: 0.02 %, 7d: 0.08 %
Cегодня L: $1.0002 - H: $1.0009
Капитализация $111.373b Rank 3
Цена в час новости $ 0.9999 (0.04%)

tether bills company holds billion initially development

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Tether now a top global buyer of US Treasury bills amid market turmoil

Tether has emerged as one of the top buyers globally of US Treasury bills, with a commanding exposure of $72.5 billion, according to a recent post by Paolo Ardoino, CTO of Tether. This development places the USDT stablecoin issuer in the global top 22, ranking above nations like the “United Arab Emirates, Mexico, Australia, and […] The post Tether now a top global buyer of US Treasury bills amid market turmoil appeared first on CryptoSlate.

2023-9-5 11:02