2023-07-11 14:39:57

According to Tether's first-quarter certified assets, it held approximately $1.5 billion worth of Bitcoin in reserves backing the USDT token as of the end of March.

Tether's third-party-certified assets showed that of its total reserves of $81.8 billion, approximately 85 percent of the collateral backing USDT, or $69.3 billion, is held in cash and cash equivalents.
Fixedcoins act as digital currencies designed to maintain one-to-one value with a less volatile asset such as the dollar, by maintaining large reserves often reserved as collateral. #ContentStar#

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SAVAS

· 2023-07-11 14:52

Thank you for the information

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