Tether: 7th In US Treasury Acquisition

in LeoFinance13 days ago

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We discussed this in principle on a number of occasions but now it is evolving.

Tether acquired more US Treasuries in 2024 than countries like Mexico or Singapore. It was the 7th largest.

The passage of the GENIUS Act, the US stablecon bill in Congress, will open the floodgates on this one.

Here is the link to the article:

https://cointelegraph.com/news/tether-becomes-7th-largest-us-treasury-holder-stablecoin-growth?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound


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Tether acquired more US Treasuries in 2024 than countries like Mexico or Singapore. It was the 7th largest.

This is amazing to see that a crypto currency coin gets so much funding.

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