Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B

The stablecoin issuer’s US Treasury holdings are comparable to those of major foreign holders, while its Bitcoin reserves were valued at $8.37 billion at the end of September.
Source: Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B (https://cointelegraph.com/news/tethers-excess-reserves-nearly-double-to-8b-as-q3-profit-hits-15b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)