#Tether to the assault on the Top 10
The giant of stablecoins is already competing with sovereign nations in U.S. debt.
The definitive institutionalization of Tether
The goal of Tether is to reach the Global Top 10, Bo Hines, CEO of Tether USA, announced at the #bitcoin Investor Week that the company plans to become one of the 10 largest buyers of U.S. Treasury bills this year. Currently, with 122 billion dollars in public debt, Tether already holds more bonds than countries like Germany or Saudi Arabia.
The "GENIUS Law" factor: After his time at the White House, Hines is aligning the company's reserves with the new federal framework. The recent launch of USAT (issued by Anchorage Bank) is specifically designed to meet the 1:1 backing of high-quality assets required by law, ensuring full interoperability with #USDT
Unstoppable user growth: Retail adoption shows no signs of slowing down. USDT already reaches 530 million customers globally, adding approximately 30 million new users each quarter. This constant influx of capital is the engine that forces the company to absorb U.S. debt at an unprecedented pace.
Balance sheet strength (Beyond the dollar): Tether is not just a fixed-income player. The firm holds 6.3 billion dollars in excess reserves and has established itself as the 13th largest holder of gold in the world, guarding 140 tons of the precious metal, which strengthens its position against potential liquidity crises.
Reciprocity and dominance: Hines's message is clear: Tether's future in the U.S. is about convergence. The union between the massive liquidity of USDT and the regulatory compliance of USAT aims to solidify a de facto monopoly under the standard "After all, it's just Tether".
