Tether may become one of the top ten buyers of U.S. Treasury bonds this year

Tether US subsidiary CEO Hines stated that with the launch of the compliant stablecoin USAT and the growth of USDT, Tether is expected to become one of the top ten buyers of US Treasury bonds this year. Currently, Tether holds over $122 billion in US Treasuries, accounting for 83.11% of its reserve assets, ranking between Germany and Saudi Arabia in the US Treasury Department's list of foreign holders, and entering the top 20. USDT has about 530 million users, with a quarterly increase of 30 million. The USAT launched last month is issued by Anchorage Bank, complies with the GENIUS Act compliance standards, and will boost demand for US Treasury purchases. Tether also holds about 140 tons of gold, ranking thirteenth globally.