**Tether CEO Paolo Ardoino revealed the company’s reserve assets at the PlanB event in Lugano.**

- Tether holds around $100 billion worth of US Treasury bonds, 82,000 Bitcoin (BTC), and 48 tons of gold.

- He denied the Wall Street Journal’s claims that Tether is under investigation for money laundering and sanctions violations.

- Ardoino said that Tether regularly cooperates with law enforcement and has helped recover $109 million in illicit funds since 2014.

- He criticized US crypto regulations as lagging behind other countries, but expressed hope for improvement after the 2024 presidential elections.

- Tether’s USDT market cap reached $120 billion in October, a potential sign of optimism in crypto markets.