Tether Hold $135 Billion in U.S Treasury Bonds, South Korea To Become The 17th Largest
Tether CEO Paolo Ardoino said that stablecoin Tether holds $135 billion in US Treasury bonds, surpassing South Korea to become the world's 17th largest holder of US debt if considered as a country. Tether's holdings are close to Brazil, ranking behind Norway. Japan remains the largest foreign holder of US debt, with holdings exceeding $1.1 trillion, followed by the UK and China.
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