Tether CEO: Tether Aims to Become a Top 5 U.S. Treasury Buyer In an August 30, 2026, video interview with *The Wolf Of All Streets*, Tether CEO Paolo Ardoino (@paoloardoino) stated that Tether is currently the 16th or 17th largest holder of U.S. Treasuries globally. As the market cap of USDT grows, Tether will continue to purchase more, aiming to break into the top 10 and eventually the top 5. Excluding hedge funds consolidated through the Cayman Islands, Tether is already one of the top 5 buyers in certain short-term U.S. Treasury auctions. Ardoino believes that it’s risky for foreign countries to hold large concentrations of U.S. debt, as a single decision-maker could offload hundreds of billions of dollars in a day. Stablecoins, on the other hand, can decentralize U.S. Treasury ownership across 650 million people. Source: *The Wolf Of All Streets*