Tether: May become one of the top ten buyers of US Treasury bonds this year.

Bo Hines, CEO of Tether's US subsidiary and former White House crypto advisor, stated that with the continued growth in demand for USDT and the newly launched stablecoin USAT, Tether expects to further increase its holdings of US Treasury bonds (T-bills) this year and is poised to become one of the world's top ten buyers of US Treasury bonds. Data shows that USDT is currently the largest stablecoin by market capitalization, with a circulating supply of approximately $185 billion. According to the latest reserve certificates, approximately 83.11% of Tether's reserve assets are allocated to US Treasury bonds, totaling over $122 billion. Hines stated that this scale places Tether among the top twenty foreign holders of US Treasury bonds, between Germany and Saudi Arabia. Hines also revealed that since its launch in 2014, USDT has reached approximately 530 million users and is currently growing at a rate of approximately 30 million users per quarter.