Tether now holds $135B in U.S. debt – Bigger than South Korea!

How is the GENIUS Act influencing Tether’s growth?

It prompted Tether to launch USA₮, a compliant dollar-backed token tailored for U.S. regulations.

Is USDT still the dominant stablecoin? 

Yes, but USDC is gaining ground in transaction volume and institutional adoption.

The rise of stablecoins is increasingly being felt beyond the digital asset market.

Tether becomes the 17th largest U.S. debt holder

Tether’s USDT, the world’s largest stablecoin, now backs its token supply with approximately $135 billion in U.S. Treasury bills, according to recent disclosures.

That figure makes Tether the 17th largest U.S. debt holder globally, surpassing countries such as South Korea and nearing Brazil, as noted by Tether’s CEO Paolo Ardoino.

The development underscores how dollar-pegged crypto assets have evolved into meaningful participants in global liquidity flows, particularly in the short-term bond market.