According to Odaily, Tether has disclosed on its official website that its reserves are primarily composed of U.S. Treasury bonds, with holdings exceeding $97.6 billion. If Tether were considered a country, its U.S. Treasury holdings would rank 18th globally, surpassing nations such as Germany, the UAE, and Australia.
Since its inception, Tether has collaborated with 180 institutions across 45 jurisdictions, freezing approximately 1,850 wallets involved in illegal activities and recovering over $113.8 million in assets. Recently, Tether took decisive action against the notorious North Korean hacker group Lazarus Group, freezing and blacklisting their assets.