An independent audit reveals that stablecoin issuer Tether (USDT) had billions of dollars of excess reserves at the end of last year. According to a recent audit by accounting firm BDO Global, Tether has $143.7 billion worth of reserves and about $136.613 billion worth of liabilities, bringing it to a surplus of about $7 billion. […]
The post Stablecoin Issuer Tether Posts $7,087,270,541 in Excess Reserves at End of 2024 appeared first on The Daily Hodl.
