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Not only tether is a "thing", its actually in the top 10 US bonds buyer. So this "thing" isn't a business anymore, but an actual, proper, geopolitical actor.
by quantumgarbage 1y ago
Not only tether is a "thing", its actually in the top 10 US bonds buyer. So this "thing" isn't a business anymore, but an actual, proper, geopolitical actor.
- bflesch 1y agoThanks for sharing, that's news to me. They seem to have surpassed Germany as US treasury bond holder [1] but recently stopped buying bonds [2]. Do you have any information which geopolitical actor controls tether? Is it China or Russia trying to circumvent SEPA? Or North Korea because north korean hackers have so much bitcoin from their ransomware operations? [1] https://cointelegraph.com/news/tether-us-treasury-holdings-surpass-germany-q1-2025 https://cointelegraph.com/news/tether-us-treasury-holdings-s... [2] https://yellow.com/news/stablecoin-giant-tether-slashes-treasury-bond-buying-by-nearly-90-percent https://yellow.com/news/stablecoin-giant-tether-slashes-trea...