![Anon Explains - (((crypto))) currency is meant to hide inflation and usher in the WEF policy of owning nothing. [1107x1445 - 236KB]](https://pic8.co/sh/hOHGhN.jpg){kind=link}
Really? Who is biggest buyer of US debt?
Really? Who is biggest buyer of US debt?
Japan.
Japan.
Nope.
https://www.investing.com/news/cryptocurrency-news/tether-becomes-the-biggest-buyer-of-us-treasuries-says-report-3047927
They don't have anywhere near as many treasuries as Japan. They are only a big buyer right now because there's a huge run-up in crypto.
Gurbacs commented that if Tether was a country, it would have been the top 30 holders of the Treasuries.
Also, Tether isn't a cryptocurrency. It's a pile of fiat currency represented by tokens on different cryptocurrencies. It's used to trade crypto on exchanges. They have hundreds of billions, so they park it in treasury notes.
They don't have anywhere near as many treasuries as Japan. They are only a big buyer right now because there's a huge run-up in crypto.
>Gurbacs commented that if Tether was a country, it would have been the top 30 holders of the Treasuries.
Also, Tether isn't a cryptocurrency. It's a pile of fiat currency represented by tokens on different cryptocurrencies. It's used to trade crypto on exchanges. They have hundreds of billions, so they park it in treasury notes.