The Daily Hodl
2023-02-10 17:55:42

Top Stablecoin Tether (USDT) Reports $700,000,000 Profit and Zero Commercial Paper Holdings in Q4

The latest attestation report of global accounting firm BDO backs up stablecoin issuer Tether’s claim that it finally eliminated commercial paper holdings from its reserve in Q4 of 2022. BDO’s independent accountant report, which was released on February 8th, reviewed Tether’s Consolidated Reserves Report (CRR) as of Dec. 31, 2022. The report affirms the accuracy The post Top Stablecoin Tether (USDT) Reports $700,000,000 Profit and Zero Commercial Paper Holdings in Q4 appeared first on The Daily Hodl .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.