Four major issuers of US dollar stable currency hold US $182.4 billion of US treasury bond bonds, surpassing the size of South Korea and the United Arab Emirates

Golden Financial News, according to CryptoSlate, the four major issuers of US dollar stable currency hold about US $182.4 billion of US treasury bond in total. If they are considered as a whole, this amount will rank 17th among the holdings of the US Treasury Department by country, surpassing South Korea and the United Arab Emirates, and second only to Norway. Tether's USDT accounted for the largest proportion among them. The certification in the first quarter showed that it held $120 billion of treasury bond. CEO Paolo Ardoino said at the end of May that the figure had exceeded $125 billion. Circle's USDC holds $55.2 billion (treasury bond and overnight repurchase agreements), First Digital's FDUSD holds about $1.3 billion in treasury bond, and Paxos's PYUSD holds about $880 million.