Tether, a leading stablecoin provider, reported in its Q3 2023 report that it has $3.2 billion of excess reserves backing the value of its stablecoins, including USDT. On October 31, Tether Holdings Limited published its Consolidated Reserves Report (CRR) for Q3 2023, which has been validated by the reputable global accounting firm BDO, revealing that The post Tether’s Q3 Attestation Reveals $3.2 Billion Excess Reserves Backing USDT appeared first on Cryptonews .