Tether CEO: Tether is currently one of the three largest holders of short-term U.S. debt in the world
2024-06-20 14:16:38
On June 20th, Tether CEO Paolo Ardoino posted on the X platform that USDT is bringing the US dollar to hundreds of millions of people living in developing countries around the world, who need an alternative to local currencies, which are rapidly depreciating. Tether has been investing its stablecoin reserves in US Treasury bonds and has now become one of the top three holders of short-term US debt in the world.
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