Tether’s Reserve Breakdown Exposed: $9.45B in Bitcoin, Gold, and U.S. Treasuries

TL;DR Tether reveals a diversified reserve of over 82,000 Bitcoin, 48 tonnes of gold, and over $100 billion in U.S. Treasuries. CEO Paolo Ardoino addresses market concerns, denying allegations of anti-money laundering violations and emphasizing regulatory compliance. Despite initial fears, the market shows recovery with increased Bitcoin value and a rise in total open interest ... source: https://crypto-economy.com/tethers-reserve-breakdown-exposed-9-45b-in-bitcoin-gold-and-u-s-treasuries/