📢 Tether Sets New Record with USDT Supply Surpassing US$160 Billion!

Tether has officially printed 160 billion USDT, marking an all-time high (ATH) and reinforcing its position as the largest stablecoin issuer in the world. This surge reflects the growing demand for digital dollars, particularly from emerging markets, according to CEO Paolo Ardoino.

However, this achievement comes with regulatory scrutiny. The GENIUS Act in the US Congress could force Tether to undergo an independent audit of its asset reserves, which they have long avoided.

💬 Tether claims to have reserves of US$8 billion in gold & US$100 billion in US government bonds. But some experts still doubt whether all USDT is truly fully backed.

⚠️ Disclaimer: Not financial advice. Do your own research (DYOR).

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