Tether Slows Gold Purchases for USDT Reserves in Q1, Adds ~6 Tons in Single Quarter
Source：
www.reuters.com
The report shows that, as of the end of March, the gold holdings in USDT’s reserves were valued at $19.8 billion—approximately 132 metric tons at prevailing market prices—up from 126 metric tons at the end of December last year. However, gold accounts for only 10% of the reserves. The majority of USDT’s reserves consist of $117 billion in U.S. Treasury securities, with Bitcoin accounting for $7 billion. USDT’s current circulating supply stands at $189.5 billion.
