According to Bloomberg, Tether Holdings Chief Investment Officer Richard Heathcote will step down and transition to a non-executive advisor role, with his deputy Zachary Lyons taking over the position. Heathcote previously managed the reserve assets backing the stablecoin Tether (USDT) and drove the company to use related earnings for global investments, including corporate equity and U.S. Treasury bonds. By the end of 2025, USDT's circulation is expected to reach approximately $184 billion, with Tether holding around $122 billion in U.S. Treasury bonds. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=58044