Cayman Islands Stablecoin Crypto Tether Cayman Islands

Stablecoin giant Tether sheds no new light on crypto reserves

Reading now: 167
economictimes.indiatimes.com

Tether, which serves as a controversial foundation for much of the cryptocurrency market, didn’t shed any more light on where its reserves are held.Tether Holdings Ltd.

had assets totaling at least $69 billion as of Sept. 30, according to an assurance from Cayman Islands-based Moore Cayman. That includes $30.6 billion in commercial paper and certificates of deposit, $7.2 billion in cash, almost $1 billion in money market funds and $19 billion in Treasury bills.

Read more on economictimes.indiatimes.com
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
DMCA