Tether attestation shows stacks of US treasury bills, more gold than bitcoin
Tether revealed a Q1 2023 attestation on Wednesday. Tether’s surplus is up, while cash and bank deposits have plummeted.
Cryptocurrency news by Protos · Protos
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Show Notes
Tether released its latest attestation by BDO Italy on Wednesday, revealing $81.8 billion in assets and $79.3 billion in outstanding Tether tokens as of March 1.
Tether is the largest stablecoin and one of the three largest cryptocurrencies, representing a systemically important representation of liquidity in the markets. The quality and quantity of its reserves are vital issues for the cryptocurrency industry. That said, the firm has often struggled to produce accurate and whole attestations.
Listen to this article to discover what Tether's latest attestation had to say about the company's
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