Tether has reported on the finances at its disposal. Overall, the giant that issues the largest stablecoin USDT has total assets of $86.1 billion, while total liabilities are equivalent to $82.8 billion. Accordingly, USDT collateral exceeds the 100 percent mark.

Excess assets of $3.29 billion are distributed among 15 blockchain ecosystems. It is they who act as a liquidity cushion necessary for the stable operation of USDT and the absence of problems in the event of a mass withdrawal of tokens to fiat by users.

Here is the detailed distribution.

DEFI WORLD

Tether has reported on the finances at its disposal. Overall, the giant that issues the largest stablecoin USDT has total assets of $86.1 billion, while total liabilities are equivalent to $82.8 billion. Accordingly, USDT collateral exceeds the 100 percent mark.

Excess assets of $3.29 billion are distributed among 15 blockchain ecosystems. It is they who act as a liquidity cushion necessary for the stable operation of USDT and the absence of problems in the event of a mass withdrawal of tokens to fiat by users.

Here is the detailed distribution.

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4.2K viewsAug 27, 2023 at 04:33