19-5-2025 – Stablecoin giant Tether has eclipsed Germany’s position amongst holders of American Treasury securities, according to chief executive Paolo Ardoino’s latest revelation.
The digital currency powerhouse, which has steadily fortified its market presence, is not resting on its laurels. Ardoino took to social platforms to outline the firm’s ambitious trajectory, identifying South Korea’s Treasury holdings as their next milestone.
This watershed moment underscores the growing influence of cryptocurrency firms in traditional financial markets. Tether, whose primary business revolves around issuing digital currencies pegged to stable assets, has emerged as a significant player in sovereign debt markets.