Tether Holds 150,000 BTC, Global Users Exceed 730 Million

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According to a BTC update from the Lugano Plan ₿ Forum, Tether holds 150,000 BTC. Paolo Ardoino revealed that the stablecoin has over 730 million users, with 30 million new wallets added each quarter. Q3 reserves show $122.8 billion in U.S. Treasury bonds directly, and $132.4 billion including repurchase agreements. Tether also announced its Independence Stack strategy, focusing on open-source infrastructure across energy, Bitcoin mining, and local AI. The project aims to remain functional even if Tether ceases operations. Global crypto policy discussions continue to highlight the role of stablecoins in financial infrastructure.

Odaily Planet Daily reports that at the Lugano Plan ₿ Forum, Paolo Ardoino stated that Tether holds approximately 150,000 bitcoins, serves over 730 million users globally, and adds around 30 million new wallets each quarter. According to Tether’s Q3 reserve attestation report, it directly holds approximately $122.8 billion in U.S. Treasury bonds, increasing 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 ecosystem encompassing energy, Bitcoin mining, peer-to-peer communication, self-custody wallets, and local AI using open-source technologies. He stated that even if Tether ceases to exist in the future, its open-source technologies should continue to operate.

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