Tether now holds more US Treasuries than Germany, Spain & Australia combined.
Yes, you read that right.
$152.5B market cap. $13B in profits.
And guess what? Now banks want in on stablecoins?
Convenient timing — right after the GENIUS Act passes.
USDT dominance is back:
+ $7.3B this month
USDC? -$0.8B
Nature is healing.