Tether reveals it holds a total of $9.45 billion in BTC and gold

Odaily News At the Plan ₿ forum in Lugano, Switzerland, Tether disclosed that its reserves include $5.58 billion in BTC and $3.87 billion in gold (based on the price of October 27), totaling $9.45 billion. This does not seem to fully match the market support of USDT, which has raised questions in the community. In response, Tether CEO Paolo Ardoino clarified that "Tether also has about $100 billion in U.S. Treasuries." (Bitcoin.com)