It's amazing. It turns out that one of the top three buyers of US Treasury bonds in the world is actually a giant in the crypto industry! In this case, how can crypto capital not change the world pattern?

Tether CEO: USDT is one of the top three buyers of US Treasury bonds in the world

Tether CEO Paolo Ardoino said in a post on X that according to WSJ, "stablecoins backed by the US dollar provide demand for US Treasury bonds."

More than 300 million people around the world use USDT as a digital dollar, providing lifeline utilities for entire communities in developing countries. These people are not fully served by the banking industry, most of them still do not have bank accounts, and are affected by high inflation and rapid depreciation of their own currencies.

Tether brings the stability of the US dollar to emerging markets through USDT, and is also one of the top three buyers of US Treasury bills (T-bill) in the world, ranking in the top 20 overall.

The rise of crypto capital is amazing, not only USDT, for example, I have always been optimistic about $XAI , which is an Ethereum third-layer expansion network supported by Arbitrum, which focuses on video games. On Thursday, it announced that it would start launching the Vanguard: Genesis event. On June 11, Xai launched Vanguard: Genesis on GALXE, providing several months of game releases and new rewards. Have you all participated? If you haven't, you must hurry up to participate.

This event is another grand event after last year's Xai Odyssey event. The event will last until November and will launch a series of new game versions, tasks, achievements and rewards for the Xai community. Games including "Crypto Unicorn", "Final Form" and "Lost Glitter" will be launched and reward players for achieving milestones in the game while competing for the top of the leaderboard.

Last year's Odyssey event attracted more than 500,000 wallets, generated up to 5 million transactions per day, and distributed rewards worth $175 million to players at the top of the leaderboard.

This time, #Xai先锋创世纪 is more grand and richer than previous activities in terms of scale and design layout. It will undoubtedly be another milestone in the development of Xai, and may even reshape the future blueprint of Xai!

Xai's core contributor Soby said: "The launch of Xai Vanguard:Genesis marks an important milestone in the Xai ecosystem.”