Tether Ranks Seventh Among Top US Treasuries Buyers in 2024 🇺🇸
Tether, renowned as the largest stablecoin company within the digital currency domain, has emerged as a key player in the U.S. treasuries arena. This strategic move aims to bolster the value of the immense circulation of over 140 billion USDT tokens.
Notably, Tether has secured the position of the seventh-largest buyer of these treasuries in 2024, showcasing its significant financial reach.
According to Paolo Ardoino, CEO of Tether, the company invested more than $33 billion in treasuries during this period, highlighting its commitment to maintaining stability and confidence among its users.
Source: news.bitcoin.com ↗
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