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Coinworld News reports that according to Wu Blockchain's tweet: Richard Heathcote, Chief Investment Officer of Tether Holdings, will step down and transition to a non-executive advisor role, with his deputy Zachary Lyons taking over. Heathcote previously oversaw the management of reserve assets supporting USDT and drove the company to invest its profits in corporate equity and U.S. Treasury bonds. As of the end of 2025, USDT circulation reached approximately billion dollars, and Tether's holdings of U.S. Treasury bonds reached approximately @E1@ billion dollars.