Tether Ranks as 7th Largest Buyer of U.S. Treasuries in 2024
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Tether, the leading stablecoin issuer, purchased $33.1 billion in U.S. Treasury securities in 2024, positioning itself as the 7th largest foreign net buyer. The company's USDT dominates 62.45% of the $230 billion stablecoin market, reported a record $13 billion net profit, and has expanded its global user base to over 400 million users.
March 21, 2025 | 9:30 am
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Tether's substantial U.S. Treasury purchases and strong financial performance could increase investor confidence in USDT.
Tether's significant Treasury purchases, market dominance, and financial performance suggest increased stability and investor trust in USDTUSD, potentially driving its value up.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100