Tether, known for issuing the USDT stablecoin has recently released its consolidated reserves report for the quarter (Q2) of this year. This comprehensive financial statement provides insights, into Tethers financial position with consolidated assets exceeding $86.5 billion. These significant assets stand solid against liabilities of least $83.2 billion highlighting Tethers dedication to maintaining a robust and secure financial stance.
The foundation for this performance was laid during the quarter of the year when Tether showcased its remarkable financial strength with consolidated assets reaching $81.8 billion. A considerable portion of these assets were strategically invested in US Treasury assets strengthening the companys resilience and asset support.
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The foundation for this performance was laid during the quarter of the year when Tether showcased its remarkable financial strength with consolidated assets reaching $81.8 billion. A considerable portion of these assets were strategically invested in US Treasury assets strengthening the companys resilience and asset support.
Read More:
Q2 Sees USDT Surplus Reserves Soar to $3.3 Billion
Tether, known for issuing the USDT stablecoin has recently released its consolidated reserves report for the quarter (Q2) of this year. This comprehensive financial statement provides insights, into T...
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