Tether Emerges as Major U.S. Treasury Holder as Stablecoin Demand Explodes

The post Tether Emerges as Major U.S. Treasury Holder as Stablecoin Demand Explodes appeared first on Coinpedia Fintech News Tether could soon become one of the top 10 buyers of U.S. Treasury bills, according to Bo Hines, CEO of Tether’s U.S. arm. The shift is being driven by explosive demand for USDT, the world’s largest stablecoin, and the launch of USAT, its new U.S.-compliant counterpart. Speaking at Bitcoin Investor Week, Hines signaled that as …