🚀 Tether CEO Paolo Ardoino just shared at the PlanB event in Switzerland about the reserves of USDT. Tether holds about $100B in US bonds, over 82,000 BTC (~$5.5B) and 48 tons of gold. 📈
📰 WSJ accused Tether of violating anti-money laundering laws and US sanctions. Ardoino strongly denied: "There is no indication that Tether is under investigation. WSJ is just repeating old news."
🔒 Tether has helped recover about $109M from illegal activities since 2014. Ardoino also criticized the crypto regulation policy in the US and hopes it will change after the 2024 elections.
💡 USDT reached $120B market cap in October 2024. This is a positive sign for the crypto market. What do you think? Share your thoughts! 💬