Quick Take
- This month, the USDT attestation report for Q1 2023 showed it held $53 billion worth of U.S. treasuries.
- If Tether were a country, it would be the 25th largest holder of U.S. treasuries.
- Tether (USDT) said it would use 15% of its net realized operating profits to purchase Bitcoin (BTC). CryptoSlate‘s recent market report provides more in-depth coverage of the purchase.
- The data below demonstrate the range of nations holding U.S. treasuries, which CryptoSlate analyzed assuming Japan and China continue to lessen dependency on U.S. treasuries.
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