Gold'N Eye Gabe

"Gangsta" by Kohske will RESUME on July 3, 2026!

Tether holds $141 billion in US Treasuries, making them the 17th largest holder of US government debt in the world Bigger than South Korea, Germany, and the UAE combined in influence, yet almost nobody outside crypto knows who they are When you swap a dollar for USDT, Tether takes that dollar and buys a T-bill, the government pays them ~4% and you get nothing $186 billion in USDT is circulating right now, with most of it parked in short dated Treasuries and the rest in gold, bitcoin and private investments In 2025 that printed $10 billion in profit across a team of 300 people, or $33 million per head, making Tether the most profitable company per employee on earth Their banking partner is Cantor Fitzgerald, who owns 5% of them, and Cantor's former CEO Howard Lutnick is now the US Commerce Secretary In July 2025 Congress passed the GENIUS Act and wrote this exact model into federal law and by January Tether had launched USAT as the regulated US version Then it gets stranger USDT holders don't just hold, they stake their tokens on Kraken, Binance, Aave and Compound for 5-12% yield Those platforms turn around and lend that USDT to traders who want leverage on long crypto positions So T-bills are US government debt, USDT is Tether's debt backed by that government debt and the USDT then gets lent out so someone else can borrow against it Debt stacked on debt stacked on debt, with Tether collecting the risk free rate on the entire layer A crypto company owns more US debt than most countries, funded entirely by people who have no idea they're lending it money