Tether’s Growing Treasury Holdings Position It for Top Five Status by 2033
Tether, the issuer of the USDT stablecoin, now holds $127 billion in U.S. Treasuries, ranking as the 18th largest foreign holder as of mid-2025. With a net addition of $33.1 billion in 2024 alone, the company is on a trajectory that could see it break into the top five by 2033.
The firm’s aggressive accumulation of Treasury bills—averaging $2.8 billion per month last year—has already made it the seventh-largest private buyer of U.S. government debt. Reinvested interest income further fuels this growth, underscoring Tether’s evolving role in global finance.
Market analysts note that maintaining this pace WOULD cement Tether’s position among sovereign wealth funds and central banks in the Treasury market. The stablecoin giant’s ascent reflects both the maturation of crypto-backed assets and their deepening ties to traditional finance.
