Second, the amount of assets Tether shows in its attestation report exceeds $86 billion which is a few billion higher than USDT’s market capitalization right now. It is worth mentioning that $2.4 billion of that is “Other Investments,” which could literally be anything. In any event, assets exceed liabilities for Tether which means it’s running an equity surplus.
Related posts
-
Bitcoin miner Genesis Digital Assets eyes IPO in US: report
Alameda-backed crypto miner Genesis Digital Assets is reportedly in discussions with advisors about launching a pre-IPO... -
Crypto Analyst Says Next Bitcoin Target Is $78,700 If BTC Breaks This Resistance
An analyst explained that the next target for Bitcoin could be $78,700 if BTC could cross... -
Should Investors See This as a Buying Chance?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious...