@Vanarchain #vanar #VANRY $VANRY CEO of Tether, Paolo Ardoino, says that CBDCs could transform money into a surveillance tool (3:11)Bo Hines, the former cryptocurrency advisor to the White House who now leads Tether's subsidiary in the US, revealed a new plan regarding the purchases of US Treasury Bills.Tether is a major cryptocurrency company best known for its flagship stablecoin USDT.Last month, Tether also launched USAT, the federally regulated stablecoin, backed by USD, specifically developed to operate within the new federal stablecoin framework established under the GENIUS Act.Related: Explained: What is a stablecoin?A stablecoin is a type of cryptocurrency that attempts to stabilize its value by being tied to a "stable" asset such as a fiat currency or a commodity.Both USDT and USAT are stablecoins pegged 1:1 to the US dollar and backed by reserves such as US Treasury Bills.Tether may be among the top 10 buyers of US Treasury Bills this year, says HinesHines believes the increasing demand for USDT and USAT stablecoins could lead Tether to increase its purchases of US Treasury Bills in 2026."This year, I think we will end up being one of the top 10 buyers of T-bills."The CEO of Tether USAT made the comment while speaking at the Bitcoin Investor Week conference in New York on February 11.De facto, 83.11% of Tether's reserves are in T-bills, with $122.32 billion in US government debt securities as of December 31, 2025, according to the attestation.Tether is already among the top 20 holders of T-bills, "including all sovereign states," Hines added.With more than $122 billion in T-bills, Tether is well ahead of countries like Germany ($109.8 billion) and Israel ($107.7 billion) in terms of US Treasury Bill holdings.
@Vanarchain #vanar #VANRY $VANRY CEO of Tether, Paolo Ardoino, says that CBDCs could transform money into a surveillance tool (3:11)Bo Hines, the former cryptocurrency advisor to the White House who now leads Tether's subsidiary in the US, revealed a new plan regarding the purchases of US Treasury Bills.Tether is a major cryptocurrency company best known for its flagship stablecoin USDT.Last month, Tether also launched USAT, the federally regulated stablecoin, backed by USD, specifically developed to operate within the new federal stablecoin framework established under the GENIUS Act.Related: Explained: What is a stablecoin?A stablecoin is a type of cryptocurrency that attempts to stabilize its value by being tied to a "stable" asset such as a fiat currency or a commodity.Both USDT and USAT are stablecoins pegged 1:1 to the US dollar and backed by reserves such as US Treasury Bills.Tether may be among the top 10 buyers of US Treasury Bills this year, says HinesHines believes the increasing demand for USDT and USAT stablecoins could lead Tether to increase its purchases of US Treasury Bills in 2026."This year, I think we will end up being one of the top 10 buyers of T-bills."The CEO of Tether USAT made the comment while speaking at the Bitcoin Investor Week conference in New York on February 11.De facto, 83.11% of Tether's reserves are in T-bills, with $122.32 billion in US government debt securities as of December 31, 2025, according to the attestation.Tether is already among the top 20 holders of T-bills, "including all sovereign states," Hines added.With more than $122 billion in T-bills, Tether is well ahead of countries like Germany ($109.8 billion) and Israel ($107.7 billion) in terms of US Treasury Bill holdings.
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