Tether Becomes Top U.S. Treasury Holder, Surpassing Germany

Tether has secured its position as the 19th-largest owner of U.S. government debt, surpassing Germany in this metric based on Q1 2025 attestation data. The company holds over $120 billion in US Treasuries, exceeding Germany’s holdings by $111.4 billion, according to the U.S. Department of Treasury. This move highlights Tether’s commitment to conservative reserve management and further demonstrates its crucial role in distributing dollar-based liquidity at a larger scale.