Treasury holdings boost US debt resilience

Tether maintains domination in the Stablescoin market, dominating 63% of the market share and a market capitalization of $ 143 billion, according to Defillama data. Despite the regulatory setbacks in Europe, the company published a record net profit of $ 13 billion in 2024, according to Forbes.

The attachment had to release its European operations, while Circle, its principal competitorGained ground due to the respect of the markets in the regulations of crypto-active.

The stablecoin of the Tether USDT faces the cancellation of several European exchanges, notably Binance, which announced that it would cease to accept the USDT of users of the European Economic Region on March 31. Similar actions have been taken by other companies, such as Crypto.com and Kraken, who have ceased to offer USDT commercial pairs to its European users.

The attachment is also likely to encounter difficulties in the United States due to new regulations. The company will have to modify its reserve measures if a label proposed Invoice Prevents offshore issuers from accessing the US Treasury markets, a decision that could also benefit American rivals like USD Coin (USDC).

As the regulatory pressure increases, Tether made a strategic decision in January to move his head office to Salvador after obtaining a license in digital asset service provider. Although the company will establish a physical location in Salvador, the majority of operations will continue to be carried out remotely.