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#HEADLINE :
๐บ๐ธTether is already the 17th-largest holder of US government debt in the world
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In January 2025, Trump signed an executive order under which the United States will promote the growth of the stablecoin market worldwide.
The United States now openly says that the growth of the stablecoin market leads to increased demand for US government bonds. And that dollar-backed stablecoins are becoming a major buyer of US government debt. This will help address the problem of rising government debt, the Trump administration believes.
#Stablecoins #Tether #GovernmentBonds