Tether, the issuer of the USDT stablecoin, has reached a new level by becoming the 18th largest holder of U.S. Treasury bonds, surpassing countries like South Korea.
Significance of Tether's Portfolio
In its attestation report for the second quarter of 2025, Tether reported $127 billion in Treasury bonds, including $105.5 billion in direct exposure and $21.3 billion via indirect instruments. In three months, Tether's assets increased by $7 billion, demonstrating steady growth.
USDT Growth in the Bond Market
The capitalization of USDT increased from $137 billion to $163.6 billion, reflecting a 19% growth. In 2025, $26 billion in new tokens were issued, affirming the demand for reliable digital payment methods amid economic uncertainty.
Management's Opinion on Tether
Tether's CEO Paolo Ardoino expressed satisfaction with the growing trust in Tether. He emphasized that the increasing interest in USDT reflects the need for stable digital currencies. On X, he added an ironic comment to a viral meme: 'I told you so.'
Thus, Tether continues to strengthen its position as a significant player in finance, surpassing the influence of some G20 countries and showcasing the growing importance of crypto assets in the global economy.