From Yahoo Finance: 2025-03-22 07:31:00

Tether, the world’s largest stablecoin issuer, has become “too big to fail,” according to Anthony Pompliano. Pompliano highlighted Tether’s significant role in the U.S. financial system, emphasizing its growing demand for U.S. Treasuries, positioning it as a critical player in global markets. Tether ranked as the seventh-largest buyer of U.S. Treasury bills in 2024, surpassing many sovereign nations.

Tether’s systemic importance lies in its Treasury purchases, filling a gap left by traditional buyers like China and Japan. In 2024, Tether saw a $33.1 billion increase in U.S. Treasury holdings, ranking it seventh among buyers, ahead of countries like Canada, Taiwan, and Mexico. This comes as Japan and China have been reducing their U.S. debt holdings.

Pompliano noted that Tether’s scale is impressive, with over 400 million users globally and adding about 30 million new users each quarter. The stablecoin issuer reported over $13 billion in profits last year and has roughly 150 employees. Pompliano highlighted that Tether is the most profitable company per employee in history, pulling in more than $86 million per employee.



Read more at Yahoo Finance: Tether Is Now ‘Too Big To Fail,’ Says Anthony Pompliano: Here’s Why