
Tether CEO Reveals Tether’s Investment Portfolio – 120+ Companies
In a recent tweet, Paolo Ardoino, the CEO of Tether, sparked controversy by revealing a part of Tether’s investment portfolio, which includes over 120 companies. The news has sent shockwaves throughout the cryptocurrency community, with many users questioning the legitimacy and potential impact of these investments.
According to Ardoino’s tweet, this extensive list will expand further in the coming months and years. While some have expressed concerns about the vast array of businesses supported by Tether’s investments, others believe that this bold move is a testament to the company’s commitment to fostering innovation and growth within the cryptocurrency space.
The revelation has also drawn attention to Tether’s significant investment portfolio, with Ardoino stating that USDT is backed not only by dollar deposits but also by US Treasury bills and other liquid assets.
Source: u.today