Tether CEO Paolo Ardoino announced the company holds approximately 150,000 BTC and $122.8 billion in U.S. Treasury bills, while serving over 730 million users globally.
DeFi & Yields ·
Tether holds roughly 150,000 bitcoin and serves more than 730 million users globally, adding approximately 30 million new wallets quarterly, according to the company's CEO Paolo Ardoino at the Plan ₿ Forum in Lugano. The stablecoin issuer's latest reserves reflect $122.8 billion in direct U.S. Treasury bill holdings, expanding to $132.4 billion when factoring in repurchase agreements, with an additional $7.95 billion in excess reserves documented in Q3 2026 attestations.
Beyond its balance sheet disclosures, Ardoino unveiled the Independence Stack, a multi-layered initiative encompassing energy infrastructure, bitcoin mining operations, peer-to-peer communications systems, self-custody wallet technology, and embedded artificial intelligence capabilities. The announcement underscores Tether's pivot toward building infrastructure that extends beyond its core stablecoin offering. The scope and timeline for deploying these Independence Stack components remain unspecified.