Lugano, Switzerland - At a recent PlanB event, Tether CEO Paolo Ardoino publicly introduced the reserve asset portfolio supporting the company's Tether USD stablecoin (USDT) and responded to reports from The Wall Street Journal that Tether is under investigation by the US Department of Justice and Treasury. Ardoino strongly denies these allegations and accuses the report of being "just a rehash of old news".

USDT reserve assets

According to the report, Ardoino mentioned in his speech that Tether's asset portfolio includes about $100 billion of US treasury bond bonds, more than 82000 bitcoins (about $5.5 billion based on the current market value), and 48 tons of gold. He pointed out that these assets aim to provide stable support for the market and cope with the volatility of the cryptocurrency market and the uncertainty of investors.

Responding to 'false' accusations

After the Wall Street Journal published an article on October 25th, the report quickly caught the attention of the cryptocurrency community. The report states that US authorities suspect Tether of violating anti money laundering laws and US sanctions, and are conducting an investigation into it. Ardoino responded to this: "As we told The Wall Street Journal, there is no indication that Tether is under investigation. This article is just a rehash of old news." He also added that Tether has been cooperating with law enforcement agencies and actively involved in recovering stolen digital assets and freezing illegal transactions.

Tether has released data showing that since 2014, the company has assisted law enforcement agencies in recovering approximately $109 million for illegal activities such as fraud, evasion of sanctions, and cybercrime. Ardoino stated that Tether and law enforcement agencies maintain close cooperation to prevent USDT from being exploited by criminals, and emphasized that "we will know if we are under investigation, and these allegations are purely false

USDT continues to grow

Ardoino also mentioned that the regulatory policies for cryptocurrencies in the United States are lagging behind those of other countries, leading some innovative digital asset companies to relocate to regions with more favorable regulatory environments. However, he is optimistic about the potential changes that may occur in this situation after the 2024 US presidential election.

As of October 2024, Tether's USDT market value has reached $120 billion, further consolidating its leadership position in the stablecoin market. Investors and speculators generally believe that this marks a positive signal for the cryptocurrency market and anticipate that prices may continue to rise in the coming weeks and months.

(责任编辑：基金工具)

• ·费用发票跨月能报账吗
• ·怎么得到比特币
• ·元宝币怎么挖 元宝币怎么挖呢?
• ·网络安全首席执行官警告说 公司只有几个小时的时间来抵御网络攻击
• ·Web4：从法币到社币 — 货币创造的民主化革命
• ·比特儿币交易平台
• ·加价率计算公式是什么
• ·Vitalik 力推的 zk-SNARK 到底是什么？解决什么问题？
• ·手机查看借呗额度怎么查，没怎么用过支付宝，不太会用
• ·BitTorrent币能涨到多少
• ·苏州住房公积金贷款申请需要哪些材料？不是很清楚。
• ·精油spa是什么-精油spa是什么意思
• ·火币交易时间
• ·区块链交易平台最新下载推荐 币圈十大区块链交易平台app下载
• ·计提工资时要计提五险一金吗
• ·eth有钱包吗-eth的钱包