📌According to Paolo Ardoino, CTO of Tether, mentions through a tweet that Tether owns
$72.5 billion in US Treasury bonds.
With this figure, Tether surpasses countries such as the United Arab Emirates, Mexico, Australia and Spain as a bond holder, taking it to 22nd place in the world.
On the other hand, Circle, its main stablecoin competition, owns $8.3 billion in United States treasury bonds, according to data reported in July.
As you know, Tether had mentioned a long time ago that it was backed by US treasury bonds and recently also by #Bitcoin .
Will Tether continue to accumulate more US Treasuries or tip its balance towards more Bitcoin?
