{"id":20477,"date":"2023-07-31T14:30:51","date_gmt":"2023-07-31T14:30:51","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/tethers-excess-reserves-up-to-3-3b-holds-72-5b-worth-of-us-treasury-bills\/"},"modified":"2023-07-31T14:30:53","modified_gmt":"2023-07-31T14:30:53","slug":"tethers-excess-reserves-up-to-3-3b-holds-72-5b-worth-of-us-treasury-bills","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/tethers-excess-reserves-up-to-3-3b-holds-72-5b-worth-of-us-treasury-bills\/","title":{"rendered":"Tether\u2019s excess reserves up to $3.3B, holds $72.5B worth of US Treasury bills"},"content":{"rendered":"
<\/p>\n
Tether\u00a0continues to increase its treasury reserve holdings backing circulating USDT (USDT)\u00a0tokens, according to its latest financial attestation for the second quarter of 2023.<\/p>\n
Tether Holdings published its Q2 attestation from accounting firm BDO, highlighting an $850 million increase in its excess reserves, which takes its total to $3.3 billion.<\/p>\n
\nTether Excess Reserves increase by 850M to reach $3.3B as Leading Stablecoin Reveals $72.5B overall exposure in US T-Bills and Unveils Energy-Related Investments.<\/p>\n
Read more https:\/\/t.co\/zoEHWMawEM pic.twitter.com\/N4vk3EUQnw<\/a><\/p>\n