Tether Holdings Ltd. has surpassed South Korea in U.S. Treasury securities holdings, amassing $127 billion. This strategic move positions Tether as a significant player in global finance, potentially affecting borrowing costs and cryptocurrency liquidity. The company aims to achieve $15 billion in annual profits by 2025, with Cantor Fitzgerald as its lead adviser to ensure transparency and regulatory compliance. Tether's expanding influence underscores its growing role in both traditional financial markets and the cryptocurrency sector.
Tether Overtakes South Korea in U.S. Treasury Holdings with $127 Billion
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