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20.03.25 - 19:06
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Tether′s US Treasury Holdings Surpass Canada, Taiwan; Rank 7th Globally (ZeroHedge)
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Tether's US Treasury Holdings Surpass Canada, Taiwan; Rank 7th Globally
Authored by Zoltan Vardai via CoinTelegraph.com,
Tether, the $143 billion stablecoin giant, was the world's seventh-largest buyer of United States Treasuries, surpassing some of the world's largest countries.
Tether, the issuer of USDt, the world's largest stablecoin, was the world's seventh-largest US Treasury buyer, surpassing Canada, Taiwan, Mexico, Norway, Hong Kong, and numerous other countries.
The stablecoin issuer acquired over $33.1 billion worth of Treasurys, compared to over $100 billion purchased by the Cayman Island in the first place in global rankings, according to Paolo Ardoino, the CEO of Tether.
“Tether was the 7th largest buyer of US Treasurys in 2024, compared to Countries,” wrote Ardoino in a March 20 X post.
Source: Paolo Ardoino
However, Luxembourg and the Cayman Islands figures include “all the hedge funds buying into t-bills,” noted Ardoino in the replies, whereas Tether's figures...
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19.12.24 - 09:54
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Taiwan raises growth forecast, keeps interest rates unchanged (Reuters EN)
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UPDATE 1-Taiwan raises growth forecast, keeps interest rates unchanged Recasts, updates throughout TAIPEI, Dec 19 (Reuters) - Taiwan's central bank held its policy interest rate unchanged on Thursday while raising its growth estimate for the year, b ut flagged risks for next year from trade policies from the incoming Trump administration in the United States ....
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