USD-Backed Stablecoins, Like USDT, Can Boost Demand for U.S. Debt and Rival China’s Influence in Global Finance

usd-backed-stablecoins,-like-usdt,-can-boost-demand-for-us.-debt-and-rival-china’s-influence-in-global-finance

Latest News and Updates on blockchain industry by AlexaBlockchain (“Alexa Blockchain”).

Tether is one of the top global buyers of short-term U.S. treasury bills, with holdings valued at $90.87 billion as of March 31, 2024.

The post USD-Backed Stablecoins, Like USDT, Can Boost Demand for U.S. Debt and Rival China’s Influence in Global Finance appeared first on AlexaBlockchain.

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