Tether Expands Reserves with Bitcoin and Gold Holdings
- Tether holds over 100,000 Bitcoin, valued at more than $6.8 billion.
- The company possesses over 50 tons of gold in its reserves.
- In 2024, Tether reported a profit of $13 billion.
- It holds $120 billion in U.S. Treasury Bills, ranking among the largest holders of short-term U.S. government debt.
- USDT has approximately 420 million users worldwide, with around 138 million using it off-chain.
Tether’s strategic asset diversification includes significant holdings in Bitcoin and gold, alongside substantial U.S. Treasury Bills, enhancing its stability and financial influence globally.
Source (2.6)https://coingape.com/tether-now-holds-over-100000-bitcoin-and-50-tons-of-gold-ardoino/?rand=24432
