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🔥 Tether Becomes One of the Largest Buyers of U.S. Treasuries
Tether purchased a net $33.1 billion in U.S. Treasury securities in 2024, ranking as the seventh-largest foreign buyer—surpassing Canada, Mexico, and Germany. The data highlights the growing role of stablecoins in U.S. government debt markets. President Trump reiterated that crypto will help expand the dominance of the U.S. dollar.