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

October 31, 2023 CoinDesk

Tether reported $3.2 billion of excess reserves backing the value of its stablecoins including USDT, according to its Q3 attestation released Wednesday.

Source: https://www.coindesk.com/business/2023/10/31/tether-reports-32b-excess-reserves-but-lags-in-reducing-secured-loans/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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