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Synthetic dollar reserves backed by Tether’s bullion gold have exceeded $210 million, according to the company’s transparency materials. This milestone relates to Alloy and USDT, not standard USDT reserves. This …
Gold-backed reserves of Tether bullion exceed $210 million Read More
Tether reported net operating profit of US$1.3 billion in the second quarter in its latest BDO certification statement, while excess reserves rose to US$5.2 billion above full USDT support. These …
Tether reports $1.3 billion in Q2 earnings as excess reserves reach $5.2 billion Read More