Tether Reports $3.2B Excess Reserves, but Lags in Reducing Secured Loans

By coindesk.com on November 2, 2023

Tether CTO Paolo Ardoino (Bitfinex) Tether reported $3.2 billion of excess reserves backing the value of its stablecoins including USDT, according to its Q3 attestation released Tuesday. Signed off on by accounting firm BDO Italy, the attestation dis...

Go to coindesk.com

Related coins: Tether