Tether's Reserve Holdings: 82,454 BTC and 48.3 Tons of Gold Confirmed
10/26/2024 2:21:18 PM
According to Tran Hung, the CEO of Tether has confirmed that their reserves include a substantial holding of 82,454 Bitcoin (BTC) and 48.3 tons of gold. This announcement highlights Tether's significant investment in these assets, which may influence the stability and backing of Tether's stablecoin. Crypto traders should consider the potential implications on market confidence and trading strategies, especially in light of Tether's role in the cryptocurrency ecosystem. (Source)
Bitcoin Tether BTC Gold Tether CEOMore from Undefined (@Undefined):