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Tagged: reserves

Tether’s US Stablecoin USA₮ Stays Above $175M Mark with Record Reserve Buffer

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USA₮, Tether’s U.S.-focused dollar stablecoin issued by Anchorage Digital Bank, remained above the $175 million circulation mark at the end of July while posting the largest reserve surplus in its short history. The latest independent reserve report, prepared under the AICPA’s 2025 criteria for asset-backed… Read More

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Tether Releases Latest Attestation: Reports $4.52B Profit, “Highest Ever” T-Bill Ownership, Total Group Equity of $11.37B

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Tether Holdings Limited (BVI) released its assurance opinion for the first quarter of 2024, conducted by BDO, a leading global independent accounting firm. The most recent attestation as of 31 March 2024, “discloses additional financial information of Tether Group which is no longer limited to… Read More

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