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Tether CEO Claims Company Holds 150,000 Bitcoin, Exceeding Reserve Report by 50,000

(4 hours ago) · 1 source · Summarized by CryptoBipto

Tether CEO has stated that the company holds 150,000 Bitcoin, which is 50,000 more than what its most recent reserve report indicates. The discrepancy between the CEO's claim and the published reserve data has raised questions about transparency and the timing of Tether's Bitcoin acquisitions.

WHY IT MATTERS

Tether issues USDT, a type of cryptocurrency called a stablecoin that is supposed to always be worth one US dollar.

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SOURCES

  • bitcoinmagazine.com

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BTCUSDTTetherStablecoin ReservesTransparencyBitcoin Holdings