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Tether’s $120 Billion Treasury Holdings Eclipse Germany, Rank 19th Globally
Tether’s $120 Billion Treasury Holdings Eclipse Germany, Rank 19th Globally
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Tether has entered uncharted territory as the 19th-largest holder of US government debt, surpassing Germany’s $111.4 billion treasury stash with its $120 billion portfolio. The stablecoin issuer now wields more private capital in Treasuries than many sovereign nations—a watershed moment for crypto’s integration into traditional finance.
The firm emerged as the seventh-largest buyer of US debt in 2024, outpacing economic heavyweights including Canada and Norway. Short-term Treasury bills have become the cornerstone asset for dollar-pegged stablecoins, reflecting crypto’s growing influence on global liquidity channels.
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