Tether Now Among World’s Largest Holders of U.S. Treasuries, CEO Says

Tether’s CEO Paolo Ardoino claims the stablecoin giant has become one of the biggest holders of U.S. Treasuries globally, further highlighting the growing role of digital assets in international finance.

Speaking with CNBC, Ardoino revealed that Tether now holds about $125 billion in U.S. government debt—enough to rank it 18th globally if it were a country. In 2024 alone, Tether was the fifth-largest buyer of Treasuries.

He said the firm’s U.S. dollar reserves continue to grow as part of a broader push to offer dollar access to hundreds of millions of people, particularly across emerging markets. Tether’s USDT stablecoin—pegged to the U.S. dollar—is seen by the company as a bridge between decentralized assets and the traditional financial system.

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“Stablecoins and Bitcoin together will make the U.S. stronger,” Ardoino stated, estimating that Tether’s products could extend access to the dollar to as many as 420 million people worldwide.

He also welcomed recent regulatory developments like the GENIUS Act, which aims to bring clarity to stablecoin operations in the U.S. and potentially encourage further institutional adoption.

Tether’s growing Treasury portfolio not only highlights its dominance in the stablecoin market but also underscores the increasing entanglement of digital currencies with traditional finance—despite ongoing scrutiny from global regulators.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.