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 reserves to T-bills, driving significant demand for these securities. In 2024 and 2025, Tether ranked seventh among foreign buyers of US debt and aims to enter the top 10 purchasers in 2026. This growing Treasury exposure supports Tether's profits and reflects a broader trend where stablecoin issuers could become major structural buyers of US government debt, potentially absorbing up to $1 trillion in Treasuries as regulations formalize reserve requirements.
Stablecoins such as Tether solve the volatility problem of cryptocurrencies like Bitcoin, making everyday crypto spending practical. By pegging their value to the US dollar and backing it with reserves, stablecoins maintain a steady value that allows...
Tether Capital has invested in AIsa, a platform that allows over 250,000 AI agents to autonomously pay for APIs, models, and data using stablecoins or fiat currency. AIsa charges per API call, supporting small, frequent payments that traditional paym...
In the past 24 hours, Bitcoin and Ether experienced significant net outflows of $324 million and $443 million respectively, indicating investors are pulling funds from these major cryptocurrencies. Meanwhile, stablecoins USDC and USDT saw net inflows...
Tether reportedly paid around $6.3 million to Nxum, a consulting firm partly owned by Bo Hines, a former senior White House cryptocurrency official. Hines helped advance the GENIUS Act, legislation affecting stablecoins like Tether, before leaving go...
Nxum, co-founded by former White House crypto adviser Bo Hines, earned $6.3 million from a consulting deal with Tether. Hines, who held a one-third stake in Nxum while in government, shared stablecoin bill strategies with partners and advocated for a...
