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TechFlow news: Tether CEO Paolo Ardoino tweeted that USDT is bringing the U.S. dollar to hundreds of millions of people worldwide living in developing countries who need an alternative to their local currencies, which are rapidly depreciating.
Tether has consistently invested its stablecoin reserves in U.S. Treasury securities and is now among the top three global holders of short-term U.S. Treasuries.
Tether CEO Paolo Ardoino tweeted that USDT is bringing the U.S. dollar to hundreds of millions of people in developing countries worldwide who need an alternative to their local currencies, which are rapidly depreciating. Tether has been investing its stablecoin reserves in U.S. Treasury securities and has become one of the top three holders of short-term U.S. Treasuries globally.
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