Tether Ranks Seventh Among Top US Treasuries Buyers in 2024

Share This Post

Tether Ranks Seventh Amidst Top US Treasuries Buyers in 2024Tether, the largest stablecoin company in the cryptocurrency space, has become one of the largest buyers of U.S. treasuries as a way of backing the value of the over 140 billion USDT issued. According to data posted by Tether CEO Paolo Ardoino, the company purchased over $33 billion in treasuries in 2024, only falling behind […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

XRP Price Could Suffer April Flash Crash, Analyst Shows How Low It Could Go

The XRP price has been consolidating for an extended period after its previous rally However, a crypto analyst warns that the cryptocurrency could face a flash crash in April, potentially driving its

dYdX jumps 8% after introducing token buyback program to bolster network security

Decentralized trading exchange dYdX has introduced a token buyback program to strengthen network security and enhance the utility of its native token, DYDX According to a March 24 announcement, the

From Test Transfers to Treasury Shifts—Bhutan Moves 600 BTC to an Unknown Wallet 

The Royal Government of Bhutan (Druk Holdings) has discreetly transferred approximately 600 bitcoin—equivalent to $52 million at prevailing BTC exchange rates—in a recent fiscal maneuver Fourth

Great News For the BTC Bull Token – Bitcoin’s Up and Looking Ready for a Rally

US President Donald Trump has hinted at flexibility regarding the reciprocal tariffs set to unveiled on April 2nd The news has seen the Bitcoin price rally, offering a glimmer of hope for the market,

Best Presales to Buy as BlackRock’s Ethereum Holdings Cross Record $1B

Ethereum is currently in a major support zone It’s trading around the $2K level, which happens to be the bottom of a prominent trendline The last two times $ETH bounced off from this trendline

Bitcoin Investors’ Anxiety Eases As Fear And Greed Index Shifts To Moderate Levels

Since the beginning of this month, Bitcoin has witnessed robust bearish pressure, hindering the flagship asset from undergoing another major rally After falling below the $80,000 mark, BTC has