According to @paoloardoino, Tether ranks among the top 18 holders of U.S. Treasuries, top 40 in physical gold, and holds over 100,000 BTC, as stated in his X post on August 10, 2025 (source: @paoloardoino on X https://twitter.com/paoloardoino/status/1954458034215825660). For traders, this indicates Tether’s reserve mix spans U.S. Treasuries, gold, and BTC, which are key inputs when assessing USDT liquidity profile and reserve diversification (source: @paoloardoino on X). The disclosed 100k+ BTC position means part of Tether’s backing is directly linked to Bitcoin price performance, a data point for BTC market participants monitoring stablecoin issuer exposure (source: @paoloardoino on X). The top-18 U.S. Treasury ranking highlights sizable allocation to U.S. government debt, a relevant factor when evaluating USDT stability during shifts in Treasury market conditions (source: @paoloardoino on X).

According to @paoloardoino, Tether ranks among the top 18 holders of U.S. Treasuries, is within the top 40 holders of physical gold, and holds more than 100,000 BTC, highlighting large and diversified reserves that underpin USDT’s backing; source: @paoloardoino on X on Aug 10, 2025. According to @paoloardoino, this mix of Treasuries, gold, and BTC suggests USDT liquidity is supported by sovereign debt plus hard-asset exposure while introducing direct sensitivity to BTC price moves—key for traders assessing stablecoin risk and crypto market liquidity; source: @paoloardoino on X on Aug 10, 2025. According to @paoloardoino, traders should watch U.S. yields, gold prices, and BTC volatility as drivers that can influence Tether’s reserve valuation and perceived stability in crypto markets; source: @paoloardoino on X on Aug 10, 2025.