1. USDT Dominates the MarketIn just 10 years since its creation, Tether's stablecoin USDT has captured around 80% of the stablecoin market, with a total issuance volume of approximately $140 billion. An additional $50 billion has been minted since the beginning of the year.2. Tether - A Major Holder of U.S. Treasury SecuritiesAt least 75% of Tether's reserves are invested in U.S. government bonds. The company holds over $100 billion in Treasury securities, more than countries like Germany, the UAE, or Australia.Tether's CEO noted:"The Chinese are selling Treasury securities, and we are buying them now."3. Connection with Cantor FitzgeraldAlmost all of Tether's investments in Treasury securities are held through the broker Cantor Fitzgerald, one of the largest players in the Treasuries market, operating under the direct supervision of the U.S. Federal Reserve.4. Cantor Fitzgerald Becomes a Co-owner of TetherIn November 2024, right after the elections, Cantor Fitzgerald acquired a 5% stake in Tether. The identities of the other owners remain unknown, and the company has never published audited financial statements.5. Howard W. Lutnick and TetherThe majority of Cantor's shares are owned by its CEO, Howard Lutnick, who is also co-chair of Donald Trump's transition team and has been nominated for the position of Commerce Secretary in the new Administration.6. USDT as a Crypto Market IndicatorThe increase in the volume of "minted" USDT is closely linked to the growth in cryptocurrency market capitalization. Liquidity will increase, as it benefits the new U.S. Administration to have a large buyer of Treasury securities. This is supported by the words of Tether's CEO:"If the U.S. wants to kill us, they can press a button and kill us anywhere. We are not going to fight the U.S."
