According to ChainCatcher, Tether published data on its official website showing that Tether's reserves are mainly composed of U.S. Treasury bonds, with holdings exceeding US$97.6 billion. If Tether is regarded as a country, Tether's Treasury bond holdings rank 18th in the world, higher than Germany, the UAE and Australia.
Since its inception, Tether has worked with 180 agencies in 45 jurisdictions, frozen approximately 1,850 wallets involved in illegal activities, and recovered more than $113.8 million in assets. Recently, Tether took decisive action to crack down on the notorious North Korean hacker group Lazarus Group, freezing and blacklisting it.
