Overview
- BDO Italy’s report lists $181.22 billion in reserves against $174.45 billion in liabilities, leaving a $6.8 billion excess, with about $12.9 billion in gold and $9.9 billion in bitcoin.
- Tether’s roughly $135 billion exposure to U.S. Treasuries places it around 17th among global holders of American government debt.
- Issuance rose by more than $17 billion in Q3, putting USDT supply near $174 billion at quarter-end and reported above $183 billion in October.
- The company initiated a share buyback, and Bloomberg reported investor interest in a potential $15–$20 billion private raise.
- Tether said it settled the Celsius case using proprietary capital and is planning a U.S.-focused USAT stablecoin with Anchorage Digital.