Non-U.S. bonds account for only about $286 million of Tether's total assets, which total more than $82 billion. However, the source of the monies and the governments that are issuing them are unknown.
Tether did not respond to a request for comment on the non-US bonds it had purchased.
The "new attestation further emphasizes that Tether is completely backed and that the composition of its reserves is strong, conservative, and liquid," according to Paolo Ardoino, Tether's chief technology officer.
( Official Article: https://www.freebtctap.com/crypto-currency-news/tether-usdt-claims-its-backed-by-non-us-government-bonds )