Workflow
Tether Adds $1B in Bitcoin to Reserves as USDT Supply Nears $175B, Blockchain Data Shows
Yahoo Finance·2025-09-30 13:26

Tether, the crypto firm behind the USDT (USDT) stablecoin, has added about 1billionworthinbitcoin(BTC)toitsreserves,bringingholdingsto1 billion worth in bitcoin (BTC) to its reserves, bringing holdings to 9.7 billion as the supply of its flagship stablecoin rose to nearly 175billion.BlockchaindatabyArkhamIntelligenceshowsthattheaddresstaggedas"Tether:BitcoinReserves"received8,889BTCfromawalletofBitfinex,thecryptoexchangecloselyassociatedwithTether.Theaddresscurrentlyholds175 billion. Blockchain data by Arkham Intelligence shows that the address tagged as "Tether: Bitcoin Reserves" received 8,889 BTC from a wallet of Bitfinex, the crypto exchange closely associated with Tether. The address currently holds 9.7 billion in BTC based on the current price of about ...