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      Tether CEO: Tether Is Set to Become a Top 5 Buyer of US TreasuriesIn an August 30, 2026 video...

      Tether CEO: Tether Is Set to Become a Top 5 Buyer of US TreasuriesIn an August 30, 2026 video interview with The Wolf Of All Streets, Tether CEO Paolo Ardoino paoloardoino said Tether is already the 16th or 17th largest holder of US Treasuries and will structurally keep buying as USDT's market cap grows, first into the top 10 and then the top 5. Excluding hedge funds consolidated through the Cayman Islands, Tether is already a top 5 buyer in some short-term Treasury auctions. He argued concentrated holdings by antagonistic states are dangerous because a single decision maker can press a button and dump hundreds of billions in a day, while stablecoin technology has spread ownership of US debt across 650 million people.

      Source: Wu Blockchain
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud