Tether: 7th In US Treasury Acquisition

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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