繫繩超過了美國財政部的德國

系特特（Tether）越過了美國國庫法案所有權的德國。 Stablecoin發行人現在控制著超過1,200億美元的財政部。這種轉變使繫繩是全球第19大持有人。

Tether has outpaced Germany in U.S. Treasury bill ownership, highlighting the company’s vast financial footprint and the increasing convergence of cryptocurrency with traditional financial systems.

Tether在美國國庫券的所有權中的德國超過了德國，強調了該公司的巨大財務足跡以及加密貨幣與傳統金融系統的融合日益增加。

According to the latest figures from the U.S. Treasury Department, Tether is now the 19th largest holder of U.S. Treasurys, with over $120 billion in T-bills as of March 2023.

根據美國財政部的最新數據，Tether現在是美國財政部第19大持有人，截至2023年3月，Tether的T-Bills超過1200億美元。

In contrast, Germany is holding $111.4 billion in U.S. Treasurys.

相比之下，德國在美國財政部持有1,114億美元。

As previously reported by Cointelegraph, Tether’s vast T-bill holdings are part of a broader, diversified reserve strategy that the company uses to mitigate risk and maintain the stability of its flagship stablecoin, USDT.

正如Cointelegraph先前報導的那樣，Tether的大量T-Bill Holdings是該公司用來降低風險並保持其旗艦Stablecoin USDT的穩定性的更廣泛，多元化的儲備戰略的一部分。

Tether’s reserve management practices are a key focus for the company, especially as it navigates the inherent volatility of the cryptocurrency market.

Tether的儲備管理實踐是公司的重點，尤其是當它導航加密貨幣市場的固有波動率時。

To ensure optimal liquidity and resilience, Tether aims to generate stable income, which is facilitated by investing in T-bills.

為了確保最佳的流動性和韌性，Tether的目標是產生穩定的收入，這是通過投資T-Bills促進的。

Moreover, Tether’s substantial financial buffer is crucial for maintaining trust in USDT, particularly during periods of market downturn, when users tend to withdraw their stablecoin holdings.

此外，Tether的大量財務緩衝區對於維持對USDT的信任至關重要，尤其是在市場經濟低迷時期，當用戶傾向於撤回其Stablecoin持股。

The company’s position among the major holders of U.S. Treasurys also reflects the increasing integration of cryptocurrency with traditional financial systems.

該公司在美國財政部的主要持有人中的地位也反映了加密貨幣與傳統金融體系的不斷融合。

As Tether continues to expand its T-bill portfolio, it could potentially outpace more countries and financial institutions, further blurring the lines between the digital asset domain and the conventional world of banking and finance.output: As of March 2023, Tether is now holding more U.S. Treasury bills than Germany, according to data from the U.S. Treasury Department.

隨著Tether繼續擴大其T-Bill投資組合，它可能會超過更多國家和金融機構，進一步模糊了數字資產域名與銀行和金融的傳統世界之間的界限。 Iutput：截至2023年3月，截至2023年，Tether現在持有的美國國債比美國的國債更大。

The latest figures from the department, reported by Cointelegraph, show that Tether is the 19th largest holder of T-bills, with over $120 billion.

Cointelegraph報導的該部門的最新數據表明，Tether是第19大的T-Bills持有者，擁有超過1,200億美元。

In comparison, Germany is holding $111.4 billion in U.S. Treasurys.

相比之下，德國在美國財政部持有1,114億美元。

The figures provide a snapshot of the vast financial footprint that Tether has come to command.

這些數字提供了Tether已指揮的巨大財務足蹟的快照。

Earlier this year, Tether disclosed in its latest transparent reserves report that its T-bill portfolio had reached $11.9 billion by December 31, 2022.

今年早些時候，Tether在其最新的透明儲備報告中透露，到2022年12月31日，其T-Bill投資組合已達到119億美元。

The company’s reserve management practices have been a subject of scrutiny and interest, as Tether seeks to balance the stability of its stablecoin, USDT, with the need to mitigate risk in a volatile cryptocurrency market.

該公司的儲備管理實踐一直是審查和興趣的主題，因為Tether試圖平衡其Stablecoin USDT的穩定性，並需要減輕揮發性加密貨幣市場的風險。

Tether’s strategy involves spreading risk by investing in a diversified portfolio of safe assets, including T-bills, bank deposits, and commercial paper.

Tether的策略涉及通過投資多樣化的安全資產組合（包括T-Bills，銀行存款和商業票據）來擴大風險。

The aim of this approach is to ensure optimal liquidity and resilience for USDT, which is pivotal for maintaining user trust, especially during periods of crypto market downturn.

這種方法的目的是確保USDT的最佳流動性和彈性，這對於維持用戶信任至關重要，尤其是在加密市場低迷時期。

As Tether’s T-bill holdings continue to rise, it could potentially overtake more countries and financial institutions on the list of major U.S. Treasury holders.

隨著Tether的T-Bill持有量繼續上升，它可能會超過美國主要財政部持有人名單上的更多國家和金融機構。

This could have significant implications for the boundaries and definitions of global financial institutions and the deep links that are forming between the cryptocurrency domain and traditional financial systems.

這可能對全球金融機構的邊界和定義以及加密貨幣領域與傳統金融系統之間形成的深層聯繫具有重要意義。