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CoinGape 2023-10-31 18:50:17

Just In: Tether Soars with Record 85.7% Cash Reserves in Q3 Report

Tether, a stablecoin issuer, has announced a significant enhancement in its financial stability, according to its Q3 attestation report. The report reveals a record-breaking 85.7% of its total reserves are now held in cash and cash equivalents. This figure represents the highest percentage in the company’s history, underlining Tether’s commitment to maintaining liquidity and stability The post Just In: Tether Soars with Record 85.7% Cash Reserves in Q3 Report appeared first on CoinGape .

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