Tether Surges to 7th in US Bonds

Tether Ranks Seventh in Global U.S. Treasury Bill Investments

• Tether ranks seventh globally in U.S. Treasury Bill investments as of 2024.
• The company purchased $33.1 billion worth of T-bills, surpassing countries like Canada and Germany.
• Tether’s total reserves amount to $143.7 billion.
• 82.35% of Tether’s reserves are held in cash and cash equivalents.
• 79.83% of these cash equivalents are invested in T-bills, totaling $94.4 billion.

Tether has strategically invested $33.1 billion in U.S. Treasury Bills, ranking it seventh globally and highlighting its significant financial influence with total reserves of $143.7 billion.