Tether holds $135 billion in U.S. Treasury bonds, making it the 17th largest holder of U.S. debt globally

ChainCatcher news, Tether CEO Paolo Ardoino stated that the stablecoin Tether holds $135 billion in U.S. Treasury bonds, which, if considered as a country, surpasses South Korea to become the 17th largest holder of U.S. debt globally.

Tether's holdings are close to Brazil, ranking just after Norway. Japan remains the largest foreign holder of U.S. debt, with holdings exceeding $1.1 trillion, followed by the United Kingdom and China.