USDT Issuer Tether Attestation Reveals $3.2B in Extra Reserves

by Jeremy

Signed off on by accounting agency BDO Italy, the attestation disclosed $86.4 billion of belongings in reserves as of September 30 towards $83.2 billion in liabilities. These $86.4 billion in belongings included about $72.6 billion publicity to U.S. Treasuries resembling direct T-bill investments, repurchase agreements and deposits in cash market funds.

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