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Coin Edition 2023-04-03 16:02:00

Tether Becomes the Biggest Buyer of US Treasuries, Says Report

Gabor Gurbacs, the Strategy Advisor at the global investment firm VanEck Associates Corporation, shared on Twitter that while foreign central banks are selling U.S. Treasuries, the asset-backed stablecoin Tether is the biggest buyer. Notably, Gurbacs added, “If Tether was a country, it’d be among the top 30 holders of U.S. treasuries.” According to the recent The post Tether Becomes the Biggest Buyer of US Treasuries, Says Report appeared first on Coin Edition .

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