Tether Launches $1B Treasury Bill Backed Token
Tether has introduced a new token backed by U.S. Treasury bills, worth over $1 billion, as part of its effort to expand beyond traditional stablecoins. This move reflects Tether’s strategy to bridge traditional finance with blockchain, offering investors a new way to access U.S. government debt through crypto. Market experts say this step could strengthen Tether’s dominance while drawing in more institutional interest.
