Market Capitalization:3 562 947 365 523,2 USD
Vol. in 24 hours:272 569 620 718,39 USD
Dominance:BTC 58,89%
ETH:12,8%
Market Capitalization:3 562 947 365 523,2 USD
Vol. in 24 hours:272 569 620 718,39 USD
Dominance:BTC 58,89%
ETH:12,8%
Market Capitalization:3 562 947 365 523,2 USD
Vol. in 24 hours:272 569 620 718,39 USD
Dominance:BTC 58,89%
ETH:12,8%
Market Capitalization:3 562 947 365 523,2 USD
Vol. in 24 hours:272 569 620 718,39 USD
Dominance:BTC 58,89%
ETH:12,8%
Market Capitalization:3 562 947 365 523,2 USD
Vol. in 24 hours:272 569 620 718,39 USD
Dominance:BTC 58,89%
ETH:12,8%
Market Capitalization:3 562 947 365 523,2 USD
Vol. in 24 hours:272 569 620 718,39 USD
Dominance:BTC 58,89%
ETH:12,8%
Market Capitalization:3 562 947 365 523,2 USD
Vol. in 24 hours:272 569 620 718,39 USD
Dominance:BTC 58,89%
ETH:12,8%
Market Capitalization:3 562 947 365 523,2 USD
Vol. in 24 hours:272 569 620 718,39 USD
Dominance:BTC 58,89%
ETH:12,8%
Market Capitalization:3 562 947 365 523,2 USD
Vol. in 24 hours:272 569 620 718,39 USD
Dominance:BTC 58,89%
ETH:12,8%
Market Capitalization:3 562 947 365 523,2 USD
Vol. in 24 hours:272 569 620 718,39 USD
Dominance:BTC 58,89%
ETH:12,8%
Yes

Tether has risen to become the seventh-largest purchaser of U.S. Treasuries in 2024, with holdings amounting to $33.1 billion.

crypthub
Tether has risen to become the seventh-largest purchaser of U.S. Treasuries in 2024, with holdings amounting to $33.1 billion.

Tether's Significant Investment in U.S. Treasuries

Tether, a prominent issuer of the stablecoin USDT, has emerged as the seventh largest buyer of U.S. Treasuries in 2024, with holdings totaling $33.1 billion in Treasury bills. This positions Tether among the top investors in U.S. government securities, surpassing nations like South Korea, Germany, Saudi Arabia, and Switzerland combined, even ahead of Canada.

Tether's Growing Influence in Financial Markets

Tether's CEO, Paolo Ardoino, has emphasized that this ranking underscores Tether's role as a crucial partner to the United States. To stay updated on DeFi and Web3 news, including further insights into Tether's activities, visit thedefiant.io.