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The Daily Hodl 2024-10-29 18:45:49

Tether CEO Paolo Ardoino Says Stablecoin Issuer Now Holds Over $5,800,000,000 in Bitcoin Reserves

Tether chief executive Paolo Ardoino is updating the quantity of Bitcoin (BTC) and other assets that the stablecoin issuer currently holds on its balance sheet. In a post on the social media platform X, Ardoino says Tether now holds over 82,000 Bitcoin, a stash worth approximately $5.8 billion at the prevailing BTC price. The stablecoin The post Tether CEO Paolo Ardoino Says Stablecoin Issuer Now Holds Over $5,800,000,000 in Bitcoin Reserves appeared first on The Daily Hodl .

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