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Tether Opts for US Treasury Bills to Back Stablecoin USDT

Tether Opts for US Treasury Bills to Back Stablecoin USDT

Tether, the issuer of the most widely-used stablecoin, USDT, has positioned itself as a powerhouse. According to Paolo Ardoino, CTO of Tether, the company has accumulated a staggering $72.5 billion in US Treasury bills, catapulting it among the top 22 global buyers. While Tether solidifies its portf

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