Tether
Tether has a new 'assurance report'—it's not very assuring
The stablecoin giant reported an “excellent quarter” even as it fails to comply by basic accounting standards.
Tether
Tether
Tether Excess Reserves Reach New Peak of $2.4 Billion
The world’s leading stablecoin issuer Tether claims that its excess of reserves has reached an all-time high. In its first quarterly assurance report released on May 10, Tether reported an increase in excess reserves, reaching […]
Tether
Tether Reports $1,480,000,000 Profit In Q1 Alone, Reveals Bitcoin and Gold on Balance Sheet
Stablecoin issuer Tether (USDT) is reporting nearly $1.5 billion in profits during Q1 alone while also revealing new details from its reserves. According to a new attestation report by the firm, Tether closed the first […]
Tether
Xapo Bank to Add Support for Tether Deposits, Withdrawals by Month End
Customers of the bank may now use the world’s largest stablecoin for payments. Gibraltar-based Xapo Bank has further established itself as one of the world’s most crypto-friendly institutions. In its most recent move, the bank […]
