Bo Hines, head of Tether’s U.S. arm, says the company expects to become a top-10 buyer of U.S. Treasury bills this year as USDT demand continues to grow. Stablecoin demand = rising Treasury exposure.
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GateUser-2af1f29e
· 7h ago
🇺🇸🔮 Tether Aims to Be Among the Top Ten Buyers of U.S. Treasury Short-Term Notes
Bo Hines, head of the US team at Tether, stated that with the continued growth in USDT demand, the company expects to become one of the top ten buyers of U.S. Treasury short-term notes this year.
Demand for stablecoins = increased exposure to government bonds.
🇺🇸🔮 Tether Eyes Top-10 Spot in U.S. T-Bill Buying
Bo Hines, head of Tether’s U.S. arm, says the company expects to become a top-10 buyer of U.S. Treasury bills this year as USDT demand continues to grow.
Stablecoin demand = rising Treasury exposure.