Paolo Ardoino says 650 million people have “decentralized” U.S. debt through USDT
AI Summary- Paolo Ardoino said 650 million people have “decentralized” U.S. debt through USDT.
- $114.96 billion in direct U.S. Treasury bills was owned by Tether as of June 30.
- USDT holders have no ownership stake in Tether’s reserves or entitlement to their yield.