Stablecoin Reserves Propel Tether to Prominent U.S. Treasury Buyer Status
According to Bo Hines, rising demand for Tether's stablecoins, USDT and USAT, has significantly boosted its treasury holdings. The company currently holds U.S. treasuries valued at over $122 billion, accounting for 83.11% of its total reserves.
This impressive portfolio has positioned Tether among the top twenty global holders of U.S. treasuries, ranking between Germany and Saudi Arabia. Hines emphasized that Tether's strategy is strengthening its influence in both the crypto market and the global financial landscape.
Surplus Reserves and Gold Holdings Reach New Milestones
Recent data from BDO shows that Tether maintains surplus reserves of approximately $6.3 billion, reinforcing its financial resilience. Additionally, the firm's gold reserves now stand at around 140 tons, placing it as the thirteenth-largest gold holder globally.
- Demand for USDT and USAT drives reserve expansion
- 83.11% of reserves held in U.S. treasuries worth over $122 billion
- Surplus reserves reach $6.3 billion, with 140 tons of gold
These developments indicate Tether's commitment to enhancing the credibility and global adoption of its stablecoins through diversified asset management.