Tether is expected to become one of the "Top 10 U.S. Treasury bond buyers," with USAT stablecoin driving growth

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Tether’s U.S. subsidiary CEO Bo Hines stated that Tether expects to significantly increase its U.S. Treasury bill (T-bill) purchases by 2026, with projections to become one of the “top 10 T-bill buyers.” According to the latest disclosures, Tether currently holds more T-bills than Germany, approximately $122 billion, accounting for 83.11% of its reserves. The demand for Tether’s flagship stablecoin USDT continues to grow, and the recently launched USAT stablecoin, compliant with the GENIUS Act, will further drive its Treasury bond purchases. Hines also revealed that USDT currently has about 530 million users, with a quarterly growth of 30 million users. Additionally, Tether holds approximately $6.3 billion in excess reserves and is the 13th largest gold holder in the world. (The Block)

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