Anthony Pompliano said on his show this week that Tether (CRYPTO: USDT), the world’s largest stablecoin issuer, has become “too big to fail” due to its expanding role in the U.S. financial system.
What Happened: Addressing his followers on X, Pompliano emphasized that Tether’s growing demand for U.S. Treasuries has positioned it as a critical player in global markets.
“Tether is now too big to fail,” Pompliano declared. “They’ve quickly become one of the largest buyers of U.S. Treasuries, plugging a gap left by traditional buyers like China and Japan.”
Pompliano pointed to data showing Tether ranked as the seventh-largest buyer of U.S. Treasury bills in 2024, ahead of many sovereign nations.
The crux of Tether’s …
Full story available on Benzinga.com