CoinGape
CoinPedia
CoinDoo
The post Tether Emerges as Major Buyer of US Treasuries, Holding over $72.5 billion! appeared first on Coinpedia Fintech News
Tether, the issuer of the popular stablecoin USD₮, has emerged as a significant buyer of US Treasuries. The report indicated that Tether holds over $72.5 billion in US Treasuries, making it one of the top 22 buyers of the debt instrument. With demand for USD₮ increasing globally, Tether’s ability to buy US Treasuries has the potential to grow rapidly. This comes at a time when foreign demand for US Treasuries is slipping and US debt issuance is set to increase. Tether’s ability to support US and global financial stability has been highlighted as foreign buying declines.
- Website
- Mobile app
- Telegram Channel
- Telegram Group
- YouTube
- Binance Referral Link
- Bitmex Referral Link
- (Recommended For Leverage) ByBit Referral Link
- Buy Ledger Nano at discounted price
- Buy Cool Wallets at discounted price
Don't forget to share your review/suggestions for the android app.
All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risks
