Tether CEO: Tether is helping to secure U.S. debt

Odaily News Tether CEO Paolo Ardoino said on social media that Tether is "helping to secure U.S. debt."
Currently, most of Tether's (USDT) issuance reserves are backed by U.S. Treasury bonds. The market generally believes that the scale of its holdings has reached tens of billions of dollars, making it one of the important buyers of U.S. short-term Treasury bonds.