Tether Reveals Its Reserves Breakdown For The First Time
Tether, the issuer of the most popular stablecoin, tether (USDT), presented its reserves breakdown for the first time. Per the company, almost 76% of its reserves on March 31 consisted of cash, cash, cash equivalents, and other short-term deposits & commercial paper. Cash’s share in this category is less than 4%. Reserves Breakdown, March 31 Cash & Cash Equivalents…
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