ChainCatcher report: Bo Hines, CEO of Tether's U.S. subsidiary and former White House crypto advisor, said that as demand for USDT and the newly launched stablecoin USAT continues to grow, Tether expects to further increase its holdings of U.S. Treasury bills (T-bills) this year and is on track to become one of the top ten global buyers of U.S. Treasuries. Data shows that USDT is currently the largest stablecoin by market capitalization, with a circulating supply of approximately $185 billion. According to the latest reserve proof, 83.11% of Tether's reserve assets are allocated to U.S. Treasury bills, totaling over $122 billion. Hines stated that this scale has already placed Tether among the top twenty foreign holders of U.S. Treasuries by the U.S. Treasury, ranking between Germany and Saudi Arabia. Hines also revealed that since its launch in 2014, the number of USDT users has reached approximately 530 million and is growing at a rate of about 30 million users per quarter.
Tether Aims to Rank Among Top 10 U.S. Treasury Buyers in 2026
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Summary
Tether aims to enter the top 10 U.S. Treasury buyers by 2026, according to top altcoin news. Tether’s U.S. subsidiary CEO Bo Hines said the firm will boost T-bill holdings as USDT and USAT demand rises. USDT has $185 billion in circulation, with $122 billion in U.S. Treasuries, or 83.11% of reserves. Tether is already in the top 20 foreign U.S. debt holders. Inflation data and stablecoin growth remain key factors in its strategy.
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