Tether CEO Paul Adoyno stated at the Plan ₿ Forum in Lugano that Tether holds approximately 150,000 Bitcoins, has over 730 million users globally, and adds approximately 30 million new wallets each quarter. Tether's third-quarter reserve report shows that it directly holds approximately $122.8 billion in U.S. Treasury bonds, which, including repurchase agreements, amounts to approximately $132.4 billion, resulting in excess reserves of $7.95 billion. Paul Adoyno introduced the Independence Stack strategy, which plans to build an infrastructure system encompassing energy, Bitcoin mining, peer-to-peer communication, self-custodied wallets, and local AI through open-source technology. (Source: ZeroHedge)
