{"id":154700,"date":"2025-04-05T14:30:32","date_gmt":"2025-04-05T11:30:32","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=154700"},"modified":"2025-04-05T14:13:11","modified_gmt":"2025-04-05T11:13:11","slug":"tether-becomes-major-us-treasury-holder-as-washington-eyes-stablecoin-regulation","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/tether-becomes-major-us-treasury-holder-as-washington-eyes-stablecoin-regulation\/","title":{"rendered":"Tether Becomes Major US Treasury Holder as Washington Eyes Stablecoin Regulation"},"content":{"rendered":"

This achievement<\/a><\/strong> positions Tether ahead of major economies such as Canada, Germany, and South Korea, reflecting the stablecoin\u2019s immense growth and influence. As Tether continues to expand its reserves, it underscores the increasing intersection between digital assets and traditional financial instruments.<\/p>\n

Stablecoins like Tether are typically backed by reserves held in regulated financial institutions and short-term US Treasury Bills. This structure not only ensures stability but also drives substantial demand for US dollars and government debt. As these digital currencies gain prominence, they inadvertently strengthen the role of the US dollar on the global stage.<\/p>\n

The rising importance of stablecoins was a key topic during the first White House Digital Asset Summit, held on March 7. At the event, US Treasury Secretary Scott Bessent spoke about the government\u2019s strategic vision for digital assets. He pointed out that stablecoins are not just a technological development but also a crucial tool for reinforcing the global dominance of the US dollar.<\/p>\n