Tether’s Growing Influence: A Look at its Treasury Bill Investments

Tether, the largest stablecoin issuer by market capitalization, has been aggressively expanding its reserves through USDT minting over recent months. This rapid growth has propelled Tether to a new all-time high of $143.92 Billion in the last 24 hours and contributed significantly to the overall surge in the stablecoin marketcap, which recently topped $233.931 Billion, marking a nearly double in the past 48 months. This rapid expansion coincides with a growing demand for stablecoins as crypto markets continue to mature.