Tether became the seventh largest buyer of U.S. Treasuries in 2024, holding $33.1 Billion in government securities.
This positions the company ahead of countries like South Korea, Germany, Saudi Arabia, and even Canada regarding U.S. debt holdings.
This massive investment highlights Tether’s growing role in global finance. The company’s CEO, Paolo Ardoino, emphasized that this ranking makes Tether an important financial partner for the United States.