繫繩超過德國，成為美國國債的第19大持有人

USDT Stablecoin的發行人Tether剛剛通過超越德國以保持美國財政債券的身份達到了歷史性的里程碑。

Tether, the issuer of the USDT stablecoin, has just reached a historic milestone by surpassing Germany in holding U.S. Treasury bonds.

USDT Stablecoin的發行人Tether剛剛通過超越德國以保持美國財政債券的身份達到了歷史性的里程碑。

With over 120 billion dollars invested, the company ranks as the 19th largest global holder, overtaking several nations.

該公司憑藉超過1,200億美元的投資，成為全球第19大持有人，超過了幾個國家。

The issuer of USDT, the world’s leading stablecoin, has officially surpassed Germany in the ranking of holders of U.S. Treasury bonds.

全球領先的Stablecoin USDT的發行人在美國財政債券的持有人的排名中正式超過了德國。

According to the latest data from the U.S. Department of the Treasury, Tether has invested more than 120 billion dollars in these sovereign debt securities, compared to 111.4 billion for Germany. This spectacular leap places the crypto company 19th worldwide among all investing countries.

根據美國財政部的最新數據，Tether在這些主權債務證券上投資了超過1,200億美元，而德國為1,14億美元。這一壯觀的飛躍將加密貨幣公司在所有投資國家中排名第19位。

The figures are striking:

這些數字令人震驚：

* U.S.: 3.94 trillion dollars

*美國：3.94萬億美元

* China: 1.046 trillion dollars

*中國：1.046萬億美元

* Japan: 940.6 billion dollars

*日本：9406億美元

* India: 700 billion dollars

*印度：7000億美元

* Britain: 666.3 billion dollars

*英國：66663億美元

* Hong Kong: 588.4 billion dollars

*香港：58844億美元

* Canada: 506.8 billion dollars

*加拿大：5068億美元

* Taiwan: 490 billion dollars

*台灣：4900億美元

* Mexico: 480 billion dollars

*墨西哥：4800億美元

נרמל מחיר קניה לכל מחיר בניגוד למחיר הנוכחי

與當前價格相反的任何價格的購買價格歸一化

* Norway: 470 billion dollars

*挪威：4700億美元

* Kuwait: 440 billion dollars

*科威特：4400億美元

* Vietnam: 430 billion dollars

*越南：4,300億美元

* Brazil: 420 billion dollars

*巴西：4200億美元

* Saudi Arabia: 410 billion dollars

*沙特阿拉伯：4100億美元

* Turkey: 400 billion dollars

*土耳其：4000億美元

* Russia: 390 billion dollars

*俄羅斯：3900億美元

* 19th place: Tether with over 120 billion dollars

*第19位：超過1,200億美元的束縛

* 20th place: Korea with 380 billion dollars

*第20位：韓國有3800億美元

Earlier in 2024, Tether had already climbed to 7th place among the largest annual buyers of Treasury bonds, ahead of several economic powers such as Canada, Taiwan, Mexico, and Norway.

2024年初，特特（Tether）已經在最大的年度財政債券購買者中攀升至第七名，領先於加拿大，台灣，墨西哥和挪威等幾項經濟大國。

“This milestone further strengthens our prudent reserves management strategy while highlighting our growing role in the global dollar liquidity distribution,” Tether stated in its latest quarterly report.

Tether在其最新季度報告中說：“這個里程碑進一步增強了我們的審慎儲備戰略，同時強調了我們在全球流動性分配中的不斷增長的作用。”

This rise coincides with the explosion in USDT’s capitalization, which recently crossed 150 billion dollars. Tether now dominates 61% of the global stablecoin market, consolidating its position as the undisputed leader in this booming sector.

這一崛起與USDT大寫的爆炸式爆炸相吻合，後者最近超過1500億美元。 Tether現在佔全球穩定市場的61％的占主導地位，鞏固了其作為該蓬勃發展行業無可爭議的領導者的地位。

The company’s traditional investments proved particularly savvy amid crypto market turbulence during the first quarter of 2025.

在2025年第一季度加密貨幣市場動盪中，該公司的傳統投資特別精明。

As stated in its attestation report, Tether declared more than one billion dollars in profit from its “traditional investments,” mainly thanks to the solid performance of its U.S. Treasury bond portfolio.

正如其認證報告中所述，Tether宣布從其“傳統投資”中宣布超過10億美元的利潤，這主要歸功於其美國國債債券投資組合的穩固表現。

However, this profit was partially offset by losses linked to crypto market volatility, which Tether quantifies at “less than 800 million dollars.”

但是，這一利潤被與加密貨幣市場波動有關的損失所部分抵消，該損失量的量量為“不到8億美元”。

Moreover, the report specifies that Tether’s gold reserves have “almost entirely” offset these losses.

此外，該報告表明，Tether的黃金儲備“幾乎完全”抵消了這些損失。

This diversification strategy demonstrates the growing maturity of the stablecoin issuer, which has skillfully navigated between traditional finance and crypto innovation.

這種多元化策略表明，穩定發行人的成熟度日益增長，該發行人在傳統的金融和加密創新之間巧妙地導航。

This success comes as Washington is active on the regulatory front. Two major bills are being debated in Congress: the STABLE Act, already approved in a committee in the House of Representatives, and the GENIUS project, which faced political resistance in early May. These initiatives aim to clearly regulate stablecoins on U.S. soil.

隨著華盛頓在監管方面的活躍，這一成功就來了。國會辯論了兩個主要法案：穩定法案，已經在眾議院委員會的委員會中批准，而天才項目則在5月初面臨政治抵抗。這些舉措旨在清楚地調節美國土壤上的穩定劑。

Meanwhile, Tether is preparing to launch a new stablecoin specifically targeted at the American market, aimed at regulated financial institutions. A strategic initiative that could further strengthen its dominant position in the ecosystem.

同時，Tether正在準備推出針對美國市場的專門針對美國市場的新的Stablecoin。一項戰略倡議，可以進一步加強其在生態系統中的主導地位。