Tether CEO: We are currently purchasing a large amount of U.S. debt and doubling our efforts to enhance communication and transparency
Tether CEO Paolo Ardoino said that Tether is "doubling its efforts" in communication and transparency.
Ardoino also stated: "Compared to the United Arab Emirates, Australia, and Spain, Tether has more treasury bills. Treasury bills are considered a low-risk investment. Tether has decentralized the decision-making power of selling US debt, we are looking for hundreds of millions of new US bond buyers because through us, we can expose these emerging markets to the world's best currency while in this process, we are purchasing a large amount of U.S. debt."
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