Record sequence. While its stablecoin of the US dollar, the USDT, now exceeds $ 150 billion in total valuationCrypto-society Tether also reached a new record. Indeed, the Paolo Ardoino group now exceeds an entire country like Germany in its detention US Treasury bills.
- TETHER has exceeded Germany in terms of holding US treasury bills, reaching a value of $ 120 billion.
- The diversification of Tether’s reserves, including assets like gold, has strengthened its stability and the confidence of investors.
Tether surpasses Germany in US Treasury Voyages!
In early May, the group Tethertransmitter of the stablecoin USDTannounced his detention of US Treasury bills For a value of $ 120 billion. These debt titles, considered as safe and liquid investments, are used by the company to support its stablecoin backed by the dollar.
We already knew that Tether had become the 7the larger buyer of these US bonds In 2024, even exceeding Canada. But this time, his total detention in obligations in the United States exceeds that of theGermany.
Indeed, Germany would only hold $ 111.4 billion of these US debt vouchers according to data follow -up available on the site of the American Treasury department. Paolo Ardoino, the CEO of Tethereven congratulated it on xwhile suggesting that the South Korea could also soon be overwhelmed by the cryptocurrency.
A diversification of reserves that bear fruit
There diversification Tether reserves, including Traditional active ingredients like gold And treasury bills were crucial to maintain the stability of the company and its USDT in the face of fluctuations in the crypto market.
This conservative approach has not only reinforced confidence Investors, but also allowed TETHER to continue to distribute liquidity in large -scale dollars.
While the stablecoins regulations are changing in the United States, with laws such as Stable Act and the Genius Act In discussion, Tether therefore continues to strengthen. By going beyond Germany in the detention of US treasury bills, Tether demonstrates its ability to sail in a complex market while maintaining the stability of its flagship stable.
If the company of Paolo Ardoino has consisting of huge reserves of classic assets, it Ardoino does not forget the cryptocurrencies. Indeed, TETHER has large amounts of bitcoin (BTC)while Also betting on BTC mining activities.