Disclosures from Tether show it has $30B in commercial paper, a short-dated investment similar to cash, making it one of the largest investors in the US market (Financial Times)

Financial Times:
Disclosures from Tether show it has $30B in commercial paper, a short-dated investment similar to cash, making it one of the largest investors in the US market  —  JPMorgan estimates stablecoin operator would be one of the largest investors in the US market