Tether, the $151 billion stablecoin issuance giant, has surpassed Germany in United States Treasury bill holdings, showcasing the benefits of a diversified reserve strategy that has helped the firm navigate the volatility of the cryptocurrency market.
Tether, the issuer of the world’s largest stablecoin, USDt ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/tether-price-index” rel=”” target=”_self” text=”null” title=”https://cointelegraph.com/tether-price-index”>USDT), has surpassed Germany’s $111.4 billion worth of US Treasurys, data from the US Department of the Treasury data-ct-non-breakable=”null” href=”https://home.treasury.gov/data/treasury-international-capital-tic-system-home-page/tic-forms-instructions/securities-b-portfolio-holdings-of-us-and-foreign-securities” rel=”null” target=”null” text=”null” title=”null”>shows.
Tether has surpassed $120 billion worth of Treasury…
