The post Tether’s August Report Shows Over 100% Reserve Ratio! appeared first on Coinpedia Fintech News
Tether’s reserve report for August 24th shows the stablecoin provider has a reserve ratio exceeding 100%, with total assets reaching $86.1bn and liabilities at $82.8bn. Tether currently holds a liquidity buffer of $3.29bn across 15 different blockchains, accommodating for USDT, EUR₮, CNH₮, XAU₮, and MXN₮. This marks Tether’s commitment to transparency and accountability while continuing to provide a reliable and stable store of value in the cryptocurrency ecosystem.
Don't forget to share your review/suggestions for the android app.
All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risks