Tether CEO: Tether is helping to ensure the security of U.S. debt

Tether CEO Paolo Ardoino stated on social media that Tether is "helping to secure US debt". Currently, most of the reserves issued by Tether (USDT) are backed by US Treasury bonds. The market generally believes that the scale of its treasury holdings has reached tens of billions of dollars, making it one of the important buyers of short-term US Treasury bonds.