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Tether's latest audit report: it has $66.4 billion in reserves



Time:8/19/2022 12:36:34 PM

[Tether's latest audit report: has 66.4 billion US dollars in reserves] On August 19th, Tether released a report independently audited by the top 5 accounting firm BDO to enhance the transparency of reserves. The report shows that Tether has reserves of US$66.4 billion, total liabilities of approximately US$66.2 billion, and comprehensive assets exceeding its liabilities.

Other news:

17 million USDT was transferred from the Tether Treasury wallet: WhaleAlert data shows that at 21:45 on April 20th, Beijing time, 17 million USDT was transferred from the Tether Treasury wallet to the address starting with 0x8bb0. Based on the current price, the value is about 17.048 million US dollars. The transaction hash is: 0xc9065409eb0bc53beb9198fb668f141ddcd17ae1bd33996266c306baa9c04a1a. [2020/4/20]

News | Bitfinex Launches Tether Gold Margin Trading: Cryptocurrency exchange Bitfinex has added margin trading for its physical gold-backed stablecoin Tether Gold (XAUt), Golden Finance reports. Beginning January 30, the exchange will support margin trading of XAU₮ and its trading pairs against USD and Bitcoin. According to the press release, the margin feature will require an initial equity capital of 20 percent and offer up to 5x leverage. [2020/1/31]

Voice | Bitfinex CTO: The Tether Treasury wallet recently created 150 million USDT to meet future issuance requests: At 18:16 on June 11, the Tether Treasury address minted 150 million USDT. In this regard, Bitfinex CTO Paolo Ardoino told the community, “It’s authorized, but not issued,” he explained. “It just means that these Tethers are created in the Treasury wallet and will be used to satisfy future issuance requests. Tether Treasury is not the only one preparing for future requests.” According to previous news, USDC Treasury minted 2009375 USDC at 21:09:54 on June 13. [2019/6/14]

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