Tether was the 7th largest buyer of US Treasuries in 2024, surpassing Canada and Mexico
Portfolio Pulse from
Tether (USDT) has become the 7th largest buyer of US Treasury securities in 2024, purchasing $33.1 billion in Treasuries. The stablecoin has a dominant market share of 62.45% with a $143 billion market cap, and reported a record $13 billion net profit in 2023. However, potential US regulatory challenges could impact its future market position.
March 21, 2025 | 8:15 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Tether's significant US Treasury purchases and massive market cap demonstrate its expanding financial role, potentially boosting investor confidence in the stablecoin.
Tether's substantial Treasury purchases, record profits, and growing user base suggest positive market sentiment and potential price appreciation for USDTUSD.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100