Big news about Tether, a type of cryptocurrency! It's like a digital dollar, always worth about $1. The CEO says Tether is super important for the US dollar's power around the world.
- Tether (USDT) has 400 million users.
- It holds a huge amount of US government bonds.
- Tether's CEO believes it helps the US dollar stay strong against other countries.
Fact | Number |
---|---|
Tether's User Growth (last quarter) | 13% |
Tether's User Count | 400 million |
US Treasuries held by Tether | $113 billion |
Some people think that other countries might try to make their own digital money, so Tether's role in keeping the US dollar strong is pretty big deal.