Tether becomes a top 5 buyer of US Treasuries with $122B in T-bills backing its stablecoin reserves.
Tether, the issuer of the world's largest stablecoin USDT, now holds over $122 billion in US Treasury bills, making it one of the top buyers of American government debt. With USDT's market cap around $185 billion, Tether allocates about 83% of its re...
