Tether: 350 million users, has partnered with 180 institutions in 45 jurisdictions

PANews reported on September 18 that Tether has become the cornerstone of the modern financial ecosystem. Tether has 350 million users worldwide, and its reserves are mainly composed of U.S. Treasury bonds, with holdings exceeding $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. Tether focuses on financial transparency, resilience and cooperation with global law enforcement agencies, and has become a pioneer in the stablecoin market. Tether calls itself an industry leader in global law enforcement support and has been committed to addressing cryptocurrency fraud. Since its inception, Tether has worked with 180 institutions in 45 jurisdictions, frozen approximately 1,850 wallets involved in illegal activities, and recovered more than $113.8 million in assets. Tether is also a promoter of global financial inclusion and provides unprecedented support for the hegemony of the U.S. dollar. The company has also demonstrated its resilience and stability in resisting market fluctuations.