系绳超过了美国财政部的德国

系特特（Tether）越过了美国国库法案所有权的德国。 Stablecoin发行人现在控制着超过1,200亿美元的财政部。这种转变使系绳是全球第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在美国国库券的所有权中的德国超过了德国，强调了该公司的巨大财务足迹以及加密货币与传统金融系统的融合日益增加。

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.

根据美国财政部的最新数据，Tether现在是美国财政部第19大持有人，截至2023年3月，Tether的T-Bills超过1200亿美元。

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

相比之下，德国在美国财政部持有1,114亿美元。

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先前报道的那样，Tether的大量T-Bill Holdings是该公司用来降低风险并保持其旗舰Stablecoin USDT的稳定性的更广泛，多元化的储备战略的一部分。

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

Tether的储备管理实践是公司的重点，尤其是当它导航加密货币市场的固有波动率时。

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

为了确保最佳的流动性和韧性，Tether的目标是产生稳定的收入，这是通过投资T-Bills促进的。

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的大量财务缓冲区对于维持对USDT的信任至关重要，尤其是在市场经济低迷时期，当用户倾向于撤回其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.

该公司在美国财政部的主要持有人中的地位也反映了加密货币与传统金融体系的不断融合。

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.

随着Tether继续扩大其T-Bill投资组合，它可能会超过更多国家和金融机构，进一步模糊了数字资产域名与银行和金融的传统世界之间的界限。Iutput：截至2023年3月，截至2023年，Tether现在持有的美国国债比美国的国债更大。

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报道的该部门的最新数据表明，Tether是第19大的T-Bills持有者，拥有超过1,200亿美元。

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

相比之下，德国在美国财政部持有1,114亿美元。

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

这些数字提供了Tether已指挥的巨大财务足迹的快照。

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.

今年早些时候，Tether在其最新的透明储备报告中透露，到2022年12月31日，其T-Bill投资组合已达到119亿美元。

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.

该公司的储备管理实践一直是审查和兴趣的主题，因为Tether试图平衡其Stablecoin USDT的稳定性，并需要减轻挥发性加密货币市场的风险。

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

Tether的策略涉及通过投资多样化的安全资产组合（包括T-Bills，银行存款和商业票据）来扩大风险。

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.

这种方法的目的是确保USDT的最佳流动性和弹性，这对于维持用户信任至关重要，尤其是在加密市场低迷时期。

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.

随着Tether的T-Bill持有量继续上升，它可能会超过美国主要财政部持有人名单上的更多国家和金融机构。

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.

这可能对全球金融机构的边界和定义以及加密货币领域与传统金融系统之间形成的深层联系具有重要意义。