[Tether CEO: Approximately 650 Million People Indirectly Hold U.S. Treasury Bonds, Stablecoins Enable 'Decentralized Holding' of Treasuries] BlockBeats News, August 31, Tether CEO Paolo Ardoino stated that Tether is promoting the 'decentralized holding' of U.S. Treasury bonds through stablecoin technology, making the holding structure of U.S. debt more secure. Ardoino pointed out that if hostile nations were to concentrate holdings of hundreds of billions of dollars in U.S. Treasury bonds, a single decision-maker could execute large-scale sell-offs in a short period, posing risks to the U.S. financial system. In contrast, the number of Treasury bond holders behind Tether's stablecoins is vast, with approximately 650 million people currently indirectly holding related U.S. Treasury assets. Investors are unlikely to make simultaneous sell-off decisions, thereby reducing the risk of concentrated sell-offs. Ardoino remarked that despite decades of so-called 'financial innovation' in traditional finance, this issue has never been resolved, whereas stablecoin technology has, for the first time, enabled broader and more decentralized holding of U.S. Treasury bonds. [Original Link]