Odaily Planet Daily reports, according to sources familiar with the matter, that the Trump administration is considering launching an overseas stablecoin initiative, potentially structured as a public-private partnership, with the Treasury Department, State Department, and the U.S. International Development Finance Corporation (DFC) possibly participating, to expand the use of the U.S. dollar and support demand for U.S. Treasury securities.
Tether's latest reserve report shows that, as of June 30, it directly held $114.96 billion in U.S. Treasuries, with total reserve assets amounting to $187.75 billion, exceeding liabilities by $4.11 billion. This program has not yet been established as a partnership with Tether, nor has it become an officially operational project.