Stablecoin issuer Tether_to revealed for the first time that it holds $3.4 billion in gold and $1.5 billion in bitcoin in its reserves. sndr_krisztian reports
Read more:“Tether has become the most trusted stablecoin in the industry due to its perceived safety from the SEC and due to its peg safety as of late,” Conor Ryder, an analyst at digital asset research firm Kaiko, wrote in a note.
According to the Q1 attestation signed by financial services firm BDO Italia, Tether held about $2.44 billion in excess reserves of the $79.4 billion Tether-issued tokens in circulation as of March 31. That surplus was at an all-time high, Paolo Ardoino, chief technology officer of Tether, said in theAll newly issued tokens were invested in US Treasury bills or deposited in overnight repurchase and reverse repurchase facilities, Tether said.
Tether continued to trim the amount of secured loans in its reserves, reducing them by about $500 million to $5.3 billion in Q1. The firmTether has been criticized in the crypto industry for years for a
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Siemens Healthineers reports lower Q2 profit, discontinues heart surgery robots businessU.S.-German medical device maker Siemens Healthineers on Wednesday said it is giving up part of billion-dollar acquisition Corindus' business as it reported a 30% drop in quarterly operating profit on lower contributions from COVID tests.
Lire la suite »
First Citizens reports $9.5 bln profit on Silicon Valley Bank acquisitionFirst Citizens Bancshares Inc. on Wednesday reported a first-quarter profit of $9.5 billion, or $653.64 a share, up sharply from a year-ago profit of $264...
Lire la suite »
Xapo Bank to Enable Tether Deposits, Withdrawals.xapoprivatebank said it will enable $USDT deposits and withdrawals to customers by the end of the month. LedesmaLyllah reports
Lire la suite »
Cryptoverse: Tether gets a lift from stability doubtsDigital stablecoin tether is winning the race for the title of the crypto world's 'least risky' asset.
Lire la suite »
How to Profit Off of Liquidity Mining Using Obyte | HackerNoonUsers can periodically receive monetary rewards by providing liquidity (crypto funds) to a DeFi market. Obyte has several options for this. - liquiditymining liquidityprovider
Lire la suite »