Tether Now Owns $125,000,000,000 in US Treasuries, Surpassing Germany, UAE, Spain and Australia: CEO Paolo Ardoino

  • The CEO of Tether Holdings, Paolo Ardoino, is highlighting that the USDT stablecoin is largely backed by an asset widely regarded as safe and highly liquid. In a new CNBC interview, Ardoino says if Tether were a country, the USDT issuer would rank among the top 20 largest foreign holders of US Treasuries.