Tether has about $4.8B in exposure to US stock markets

Tether holds roughly $4.8 billion in exposure to U.S. public equities, including stakes in video platform Rumble and bitcoin treasury firm Twenty One. The disclosure highlights how the stablecoin issuer, best known for its reserves of cash and Treasuries, has extended its reach into listed companies. The scale of the equity book matters because Tether's balance sheet underpins the USDT token, the largest stablecoin by market capitalization. Traders will watch whether Tether details these holdings further in future attestations and whether the positions grow as the company expands its investment strategy.