Stablecoin Issuer Tether Posts $7,087,270,541 in Excess Reserves at End of 2024

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... source: https://dailyhodl.com/2025/02/02/stablecoin-issuer-tether-posts-7087270541-in-excess-reserves-at-end-of-2024/