Tether's holdings of US treasury bond bonds exceeded Germany's holdings of US $111.4 billion According to Cointelgraph, according to the first quarter report of the stable currency issuer Tether, the size of its holdings of US treasury bond bonds has exceeded 120 billion US dollars, which exceeds the recently disclosed size of Germany's holdings of US $111.4 billion US bonds. Therefore, Tether is now the 19th largest holder of US bonds in the world. The company was once the seventh largest purchaser of US Treasury bonds in the world in 2024, surpassing sovereign countries such as Canada and Norway. Tether stated in its Q1 2025 report that the traditional investment returns generated by its US bond and gold investment portfolio exceeded $1 billion, almost offsetting the losses caused by the volatility of the cryptocurrency market during the same period.