Tether CEO revealed holding 150,000 bitcoins, with over 730 million global users

According to a report by ZeroHedge, Tether CEO Paolo Ardoino revealed during a speech at the Lugano Plan ₿ Forum that Tether owns approximately 150,000 Bitcoins, has over 730 million global users, and adds about 30 million new wallets each quarter.

According to Tether's third-quarter reserve attestation report, it directly holds approximately $122.8 billion in U.S. Treasury bonds, which amounts to about $132.4 billion when including repurchase agreements, with excess reserves reaching $7.95 billion. Ardoino also introduced Tether's Independence Stack strategy, which aims to build an infrastructure system covering energy, Bitcoin mining, peer-to-peer communication, self-custody wallets, and local AI through open-source technology, stating that even if Tether no longer exists in the future, its open-source technology should still be able to continue operating.