Tether CEO Reveals Detailed Breakdown of $109bn Reserve Holdings, Denies Accusations by WSJ
Tether CEO Paolo Ardoino has provided a comprehensive overview of the company's reserves, disclosing holdings of $5.58 billion in Bitcoin, $3.87 billion in gold, and approximately $100 billion in U.S. Treasury bonds. The disclosure comes amid renewed scrutiny of the world's largest stablecoin issuer