Bitcoin

Algorand

Billion

Coin

<ul class="news-points"> 
 <li>Tether has almost $3.3 billion in liquidity reserves, across 15 blockchain networks.</li> 
 <li>Tether also has a total asset valuation of $86.1 billion as of August 2023.</li> 
 <li>Tether has become the 11th largest BTC holder in the world.</li> 
</ul> 
<a href="https://coinedition.com/tag/tether-USDT/" rel="noopener noreferrer nofollow">Tether</a> has outdone itself when it comes to securing itself against liquidity crisis scenarios. According to Tether’s reserve reports, the stablecoin issuer has a total of $3.29 billion in shareholder capital, distributed across 15 different blockchain ecosystems. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full is-resized"> 
 <img decoding="async" src="https://coinedition.com/wp-content/uploads/2023/08/Tether-1.png" alt="" class="wp-image-331538" style="width: 100%;height:386px" width="454" height="386" srcset="https://coinedition.com/wp-content/uploads/2023/08/Tether-1.png 1255w, https://coinedition.com/wp-content/uploads/2023/08/Tether-1-300x255.png 300w, https://coinedition.com/wp-content/uploads/2023/08/Tether-1-206x175.png 206w, https://coinedition.com/wp-content/uploads/2023/08/Tether-1-380x323.png 380w, https://coinedition.com/wp-content/uploads/2023/08/Tether-1-768x652.png 768w, https://coinedition.com/wp-content/uploads/2023/08/Tether-1-462x392.png 462w, https://coinedition.com/wp-content/uploads/2023/08/Tether-1-82x70.png 82w, https://coinedition.com/wp-content/uploads/2023/08/Tether-1-105x89.png 105w, https://coinedition.com/wp-content/uploads/2023/08/Tether-1-168x143.png 168w, https://coinedition.com/wp-content/uploads/2023/08/Tether-1-524x445.png 524w, https://coinedition.com/wp-content/uploads/2023/08/Tether-1-291x247.png 291w, https://coinedition.com/wp-content/uploads/2023/08/Tether-1-283x240.png 283w, https://coinedition.com/wp-content/uploads/2023/08/Tether-1-194x165.png 194w, https://coinedition.com/wp-content/uploads/2023/08/Tether-1-248x211.png 248w, https://coinedition.com/wp-content/uploads/2023/08/Tether-1-218x185.png 218w, https://coinedition.com/wp-content/uploads/2023/08/Tether-1-95x81.png 95w, https://coinedition.com/wp-content/uploads/2023/08/Tether-1-88x75.png 88w" sizes="(max-width: 454px) 100vw, 454px"> 
 <figcaption class="wp-element-caption"> <a href="https://tether.to/en/tether-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/" target="_blank" rel="noopener noreferrer nofollow">Tether (USDT) current balances</a> 
 </figcaption> 
 </figure> 
</div> 
Tether has the exclusive right to issue USDT tokens in millions, alongside Algorand and Polygon. The report also noted that Tether holds $1.7 billion in Bitcoin. Moreover, Tether has $55 billion worth of treasury bills and overall assets valued at more than billion $86.1 billion, under its belt. On August 11, on-chain data and analytics platform, <a href="https://coinedition.com/tethers-bitcoin-holdings-proven-by-on-chain-data-fud-debunked/" rel="noopener noreferrer nofollow">CryptoQuant confirmed</a> that Tether is officially the eleventh-largest Bitcoin holder in the world. 
Tether’s strategy advisor, Gabor Gurbacs tweeted on August 23, that if the stablecoin was a country with a total t-bill exposure of $72.5 billion, it would be “the 22nd largest holder of U.S. treasuries,” … 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/tether-holds-3-3-billion-liquidity-cushion-in-shareholder-capital/">Tether Holds $3.3 Billion Liquidity Cushion In Shareholder Capital</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Tether Holds $3.3 Billion Liquidity Cushion In Shareholder Capital

Coin Edition

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