Key Takeaways
- Tether holds 82,454 BTC and 42.3 tons of gold for USDT reserves.
- Tether continues to diversify its reserve assets through Bitcoin and gold.
- Tether is developing an AI SDK for privacy-focused, peer-to-peer applications.
Tether CEO Paolo Ardoino announced that the company holds 82,454 BTC and 42.3 tons of gold as reserve assets for its USDT stablecoin.
This significant increase in reserves, confirmed on October 26, was shared during the Lugano Plan B event.
Ardoino also clarified that Tether maintains around $100 billion in U.S. treasuries.
Increased holdings
Tether has steadily increased its Bitcoin holdings over the past year, adding to its reserves through quarterly purchases.
According to the company’s second-quarter attestation report, Tether’s Bitcoin reserves stood at 80,000 BTC, reflecting a strategic push toward diversification.
As of press time, Bitinfo data shows a publicly available Tether wallet with 75,354 BTC.
AI
In addition to these asset disclosures, Tether is also preparing to launch an AI software development kit (SDK) focused on privacy and peer-to-peer technology.
The modular SDK supports various AI models, including Marian and Llama, and will be open-sourced after final testing.
This initiative aligns with Tether’s broader goal of advancing open-source AI technology, with the SDK designed for cross-device deployment and secure storage.
