EconomyWashington has $114 billion reasons to want Tether around
Tether was once fined by Washington for misleading claims about the dollars backing its tokens. Now its heavy purchases of US government debt have made it politically valuable: the company says USDT held more than 60% of the stablecoin market at the end of June, while Tether directly held $114.96 billion in Treasury bills.
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CryptoSlate★★☆☆☆2026-09-26 16:45Original
Washington has $114 billion reasons to want Tether around
Economy