Tether's US subsidiary CEO Bo Hines stated that Tether expects to significantly increase its U.S. Treasury bond (T-bill) purchases by 2026, aiming to become a "top 10 T-bill buyer." According to the latest evidence, Tether currently holds over Germany in T-bills, approximately $122 billion, accounting for 83.11% of its reserves. Tether's flagship stablecoin USDT continues to see growing market demand, and the recently launched USAT stablecoin, compliant with the GENIUS Act, will further drive its 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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Tether's US subsidiary CEO Bo Hines stated that Tether expects to significantly increase its U.S. Treasury bond (T-bill) purchases by 2026, aiming to become a "top 10 T-bill buyer." According to the latest evidence, Tether currently holds over Germany in T-bills, approximately $122 billion, accounting for 83.11% of its reserves. Tether's flagship stablecoin USDT continues to see growing market demand, and the recently launched USAT stablecoin, compliant with the GENIUS Act, will further drive its 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)