Tether surprised the market by announcing that it purchased over $33 billion in Treasury bonds last year. This makes Tether the seventh-largest buyer of US bonds, ahead of countries like Canada, Mexico, and Germany.
In a speech today, President Trump claimed that stablecoins will be used to promote dollar dominance worldwide. By purchasing these bonds, Tether could be securing an incredibly valuable partnership.
Why is Tether Buying US Treasury Bonds?
Tether, the world’s largest stablecoin issuer, might have a significant opportunity on its hands soon. At the Digital Assets Summit earlier today, President Trump alluded to some big plans for future stablecoin policies in the US.
An important factor in these plans may be that Tether is now one of the world’s largest purchasers of US Treasury bonds:
“Tether was the 7th largest buyer of US Treasuries in 2024, compared to countries. Tether brings the US…
