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Tether holds US Treasury bonds worth 135 billion USD, surpassing South Korea to become the 17th largest holder of US debt.
[Tether holds US Treasuries worth $135 billion, surpassing South Korea to become the 17th largest US debt holder] Tether CEO Paolo Ardoino stated that the stablecoin Tether holds US Treasuries worth $135 billion. If considered as a country, it has surpassed South Korea to become the 17th largest US debt holder globally. Tether's Holdings are close to Brazil, ranking after Norway. Japan remains the largest overseas holder of US Treasuries, with holdings exceeding $1.1 trillion, followed by the UK and China.