According to Odaily, Tether CEO Paolo Ardoino recently stated on social media that Tether is actively contributing to the security of U.S. debt. The majority of Tether's (USDT) issuance reserves are backed by U.S. Treasury bonds. It is widely believed in the market that Tether holds tens of billions of dollars in these bonds, making it a significant purchaser of U.S. short-term Treasury securities.