Stablecoin

Bitcoin

Notable

Billion

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/tether-holds-over-91-billion-in-us-treasury-assets/" data-wpel-link="internal">Tether Holds Over $91 Billion in US Treasury Assets</a> 
Stablecoin issuer Tether reportedly holds over $91 billion in US Treasury assets. Reports indicate the stablecoin company ranks 19th, ahead of Germany. US Treasury bonds are rapidly changing, drawing attention in the global financial arena. Major <a href="https://finance.coin-turk.com/" data-wpel-link="external" target="_blank" rel="nofollow noreferrer">investors</a> like China and Japan continue to influence markets with significant changes in their investment positions. 
<h2 class="p1" style="text-align: justify" id="tether-and-us-treasury-assets">Tether and US Treasury Assets</h2> 
Tether‘s first-quarter reports show the significant potential of stablecoin projects affecting national and global finance. The company’s financial statements revealed over $90 billion in Treasury bond assets. Reports suggest Tether may hold Treasury assets directly or indirectly. Additionally, the company stated its <a href="https://en.coin-turk.com/bitcoin-gears-up-for-its-strongest-weekly-close-since-march-amid-key-institutions-etf-moves/" data-wpel-link="internal">Bitcoin</a> holdings would be valued at $5.4 billion by the end of the first quarter. 
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The stablecoin company is making significant strides in global finance. It currently ranks between South Korea and Germany in the US Treasury rankings. Overall, the company led by Paolo Ardoino recorded a total profit of $4.52 billion in the first quarter. 
<h2 class="p1" style="text-align: justify" id="notable-details-on-the-subject">Notable Details on the Subject</h2> 
Major players in the US Treasury landscape are making significant strategic changes. Countries like Japan and China were significant holders of US Treasury bonds, but their positions continue to shift. China reduced its US Treasury bonds from $869 billion to $767 billion in one year. Japan has long been the largest holder of US Treasury bonds with nearly $1.2 trillion in investments. Bloomberg’s latest global financial forecasts suggest Japan might sell some of its Treasury assets due to the weakening yen. 
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Stablecoin projects and other crypto assets are becoming more integrated into global finance, necessitating regulation. Former House Speaker Paul Ryan shared the following on the subject: 
<blockquote> 
 “Stablecoin regulation will integrate the US Dollar into the global digital economy and create trillions of new demand for US Treasury bonds, notes, and bills.” 
</blockquote> 
Tether‘s investments in Treasury assets may continue to grow, and appropriate regulations are needed to prevent illegal money. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/tether-holds-over-91-billion-in-us-treasury-assets/" data-wpel-link="internal">Tether Holds Over $91 Billion in US Treasury Assets</a></h5>

Tether Holds Over $91 Billion in US Treasury Assets

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