Tether CEO Paolo Ardoino shared a post from X yesterday saying that Tether was the US Treasury’s seventh largest buyer in 2024. Last year, the company accumulated US Treasury securities worth $33.1 billion, surpassing countries such as Canada, Mexico and Germany.
Tether, the issuer of USDT, the world’s largest stubcoin since 2023, has strategically invested in US Treasury securities to ensure stability and liquidity. The strategy also benefits the US by increasing demand for government debt, thereby supporting fiscal operations.
Tether is the seventh largest owner of the US Treasury Department. Source: Tether
Other private companies are actively investing in US Treasury securities as part of their financial strategies, including private pension funds, insurance companies, mutual funds, and commercial banks. Data from late 2024 shows that US private pension funds hold about $1.1T in US Treasury securities, accounting for about 3.7% of the debt held by the public.
Similarly, US insurers hold about $630 million, accounting for 2.3% of publicly held liabilities.
Tether’s strategy to invest in the US Treasury has strengthened profitability and profitability, as it reported $13 billion in net profit in 2024, driven primarily by revenue from these Treasury investments.
Vivek places emphasis on US debt issues
Vivek Ramaswamy, a former Dodgehead, a well-known entrepreneur, and political figure advocate for the integration of Bitcoin into corporate financial strategies. Ramaswamy expects after the “Early of Simple Money,” corporate and state institutions will increasingly adopt Bitcoin as a standard for internal capital investment and view it as a means of maximizing long-term shareholder value.
Our interest payments on government bonds already exceed the US military budget, and rising interest rates are putting a strain on everyday Americans who want to buy a home and live their lives. This is unsustainable. The correct answer is to reduce reckless government spending. But… https://t.co/k0xm6rjnyn
– Vivek Ramaswamy (@vivekgramaswamy) March 20, 2025
In response to Aldoino’s post about the acquisition of Tether’s US Treasury securities, Ramaswamy said the correct answer to reduce interest rate increases is to cut reckless government spending.
“Overhead payments on our national debt are already beyond the US military budget, and rising interest rates are putting a strain on everyday Americans who want to buy a home and live their lives. This is unsustainable. The right answer is to reduce reckless government spending.
Ardoino further explained the impact of his strategy so far. “Tether brings US dollars to more than 400 million people, primarily emerging markets and developing countries. Tether has built the largest distribution network, both the US dollar, physically and digitally, in human history,” he said.
Tether is currently one of the US Treasury’s largest private owners.
According to data compilation from Tether’s Reserve Reports and the US Treasury Department’s Tether, the Crypto Company, behind the largest Stablecoin USDT, purchased $33.1 billion worth of US Treasury securities in 2024.
Tether was the US Treasury’s seventh largest buyer in 2024.
-Paolo Ardoino🤖 (@paoloardoino) March 20, 2025
Compiled data posted by the company’s CEO Paolo Ardoino shows that the company was ranked in the rankings as the seventh largest net buyer of US Treasury securities in 2024, ahead of countries such as Canada, Mexico and Germany. Meanwhile, Japan and China are net sellers, reducing US Treasury holdings. Brazil, Ireland and India also sold their holdings.
By the end of 2024, Tether’s US Treasury holdings had reached a record $11.3 billion, making it one of the largest private holders of US government debt.
Treasury Secretary Scott Bessent said earlier this month that Crypto and Stablecoins are key to maintaining global domination of the US dollar. President Trump reflected this sentiment through a pre-recorded message at the Digital Assets Summit.
Tether has also been actively working to improve transparency by engaging with Big 4 accounting firms and conducting a full audit of their reserves.
