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Coinspeaker Tether Publishes Q3 2023 Attestation Report with Highest Ever Cash and Cash Equivalent Reserves The recently published Tether report for Q3 2023 show that the companys cash reserves are healthy and secured loans have been reduced. Tether...

Tether issued its 2023 Second Quarter attestation report, revealing a net profit of $850M and over $1B of operational profits.  Tether Excess Reserves Reach $3.3B Despite a Dip in the Quarterly Net Profit On Monday, July 31, the top...

The European Union (EU) on Tuesday struck a deal to adopt changes requiring tougher bank capital rules in line with standards agreed internationally in the aftermath of the global financial crisis in 2008. In January, EU lawmakers had prescribed...

The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals.

Tether Holding Limited, a stablecoin issuer, has announced that its reserves surplus has increased to $2.44 billion, a $1.48 billion

<p>Robinhood Markets, Inc (<a href="https://www.financemagnates.com/tag/robinhood/" target="_blank" rel="follow">NASDAQ:HOOD</a>), the US commission-free trading app, has revealed a new alliance with...

Tether Holdings Limited, the issuer of the largest stablecoin, USDT, said it no longer holds any short-term, unsecured debt against its balance sheet after announcing a $700 million profit in a recent blog post. In the report published today, the...

As of Dec. 31, 2022, Tether’s consolidated assets amounted to at least $67 billion, exceeding consolidated liabilities by at least $960 million.

Banks could be required to hold a “risk-weighted exposure amount” of up to 1,250% of capital based on exposure to crypto if the full parliament passes the measures.

The accounting firm BDO Italia has performed a quarterly assurance on the Consolidated Reserves of Tether Holdings Limited and its wholly-owned subsidiaries as of 30th September 2022. According to its report, Tether Group’s consolidated assets...