Tether has reported an increase in its reserves, which have reached $118.4 billion, exceeding its USDT issuance obligations by $5.3 billion.
Over $97.6 billion of these funds have been invested in U.S. Treasury bonds, making Tether the 18th largest holder of American government securities. This highlights the company’s important role in the global financial system and its growing significance as a major institutional investor.
The USDT issuer actively cooperates with law enforcement agencies in 45 countries to combat the illegal use of stablecoins. The company supports global efforts to enhance financial transparency and security in the cryptocurrency market, playing a crucial role in preventing criminal activity.
Tether provides information on fund transfers to 180 regulatory and law enforcement agencies worldwide, making it a key partner in the international fight against money laundering and terrorist financing.
The company has also frozen around 1,850 wallets involved in suspicious transactions and handed over digital assets worth more than $113 million to law enforcement agencies. This demonstrates Tether’s strict control and proactive measures to prevent the use of its platform in illegal schemes.
