Tether reveals it holds a total of $9.45 billion in BTC and gold
Bitget2024/10/28 01:31
At the Plan ₿ forum held in Lugano, Switzerland, Tether revealed that its reserves include $5.58 billion in BTC and $3.87 billion in gold (calculated at the price of October 27), totaling $9.45 billion. This seems to not fully match with USDT's market support, thus raising questions from the community. In response to this, Tether CEO Paolo Ardoino clarified that "Tether also holds about $100 billion in U.S. Treasury bonds."
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