Tether surpasses Germany's $111B of US Treasury holdings
Tether, with a valuation of $151 billion, has overtaken Germany in US Treasury bill holdings, attaining over $120 billion in such assets. This move illustrates Tether's diverse reserve strategy amidst cryptocurrency market volatility. As of the first quarter of 2025, Tether is now the 19th largest holder of US Treasury bills. The firm reported significant profits from traditional investments, including a robust performance in its Treasury portfolio, which helped mitigate crypto market losses. Regulatory clarity may lead to increased investment in Tether's US dollar-pegged stablecoin, especially as two major legislative proposals are under consideration. The STABLE Act is progressing through Congress, while the GENIUS Act has faced delays, highlighting ongoing discussions about tighter regulations for stablecoin issuers. These developments indicate Tether's expanding role in the financial landscape.
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