CASFC

Tether's holdings of U.S. debt exceeded $53 billion in the first quarter, hitting a record high

CASFC

According to the interpretation of the first quarter report of Tether, the issuer of the stable currency USDT, the issuance of USDT has increased from US$66 billion to over US$82 billion, and the percentage of secured loans in Tether’s reserves has decreased from 8.7% to 6.5%. Tether’s US Treasury bonds Holdings reached an all-time high of more than $53 billion, or more than 64% of total reserves. Treasuries, along with other reserves in the cash and cash equivalents category (such as overnig...