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：银饰)

• ·火币怎么提现
• ·普华和顺(01358)10月31日耗资约80.68万港元回购75万股
• ·深度研究：用加密激励众筹一个 AI 模型，可行吗？
• ·10月31日中金新锐股票C净值增长0.18%，近3个月累计上涨8.34%
• ·调查显示，现在拥有比特币的美国人比拥有黄金的还多
• ·10月31日华泰柏瑞景气回报一年持有期混合C净值下跌0.46%，近1个月累计下跌4.11%
• ·公积金贷款与年限有关系吗？会不会影响公积金贷款。
• ·10月31日中欧多元价值三年持有混合C净值下跌0.66%，近1个月累计下跌1.67%
• ·USDT哪个平台可以交易 数字交易平台排行榜usdt
• ·平安银行信用卡取现利息怎么算？取现利息是多少？
• ·白云什么什么表示天气-白云什么什么表示天气的词语
• ·10月31日国联国企改革混合A净值下跌0.05%，近1个月累计下跌0.76%
• ·eth币价格大跌
• ·ST锦港：聘任总裁、指定人员代行财务总监职责
• ·长期股权投资账面价值包括哪些
• ·美股异动｜Booking一度涨超8.7%创新高 Q3营收、总预订金额均超预期