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Tether slowed down USDT reserve gold purchases in the first quarter, increasing holdings by approximately 6 tons in a single quarter.
ME News Report, May 2nd (UTC+8), as of the end of March, the gold value in USDT reserves reached 19.8 billion USD, corresponding to a market weight of approximately 132 metric tons, an increase from 126 tons at the end of December last year, but gold only accounts for 10% of the total reserves. The main part of USDT reserves is 117 billion USD in U.S. Treasury bonds, while Bitcoin accounts for 7 billion USD. Currently, the circulating supply of USDT is 189.5 billion USD. (Source: MLion)