Thursday, September 18, 2025

Latest

Tether’s Total Assets Soared to Nearly $63 Billion According to Latest Accounting Review

Tether Holdings Limited, which issues the largest stablecoin pegged to the US dollar, has revealed additional insight into the composition of its reserves.

Tether, which mints the USDT stablecoin, has published the results of an independent attestation report, which provides investors a long-awaited insight into the company’s assets and liabilities. Moore Cayman, an accounting company based in the Cayman Islands, independently affirmed Tether’s Consolidated Reserves Report (CRR) for the period ending on June 30 2021, and determined that the company does in fact meet its reserve requirements.

The report found that consolidated total assets reached $62.77 billion, up from the $35.3 billion reported in February, while total liabilities stood at $62.63 billion. Out of Tether’s total assets, cash and cash equivalents amounted to $53.3 billion, including $30.8 billion worth of commercial paper and certificates of deposit, $15.2 billion in Treasury bills, $6.2 billion in cash and bank deposits, and $1 billion in reverse repo notes.

However, only approximately $14.5 billion, or 47% % of Tether’s commercial paper and certificates of deposit were given a rating of A-1, while $14 billion and $1.7 billion of Tether’s holdings received a ratings of A-2 and A-3, respectively. In the meantime, nearly $459.3 million of the company’s commercial paper and certificates of deposit were given a rating below A-3.

The report also revealed a breakdown of maturity dates of its commercial paper and certificates of deposit, which showed that about $10.6 billion of the assets had maturities less than three months, while approximately $6.5 billion, or 21% of the assets were slated to mature between three and six months. About $13.7 billion, or 45% of the assets had maturities between six months to a year.

Information for this briefing was found via Tether. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why $10K Gold No Longer Sounds Crazy | Dan Wilton – First Mining Gold

The Pure Silver Set Up! | Joaquin Marias – Argenta Silver Corp

Why $30,000 Gold Isn’t Crazy! | Simon Marcotte – Northern Superior

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Tether’s Top Lawyer Departs as Crypto Giant Faces Growing Scrutiny

Stuart Hoegner, a key figure in the cryptocurrency world and the longtime general counsel for...

Saturday, January 4, 2025, 07:48:00 AM

Hindenburg Research Takes On Tether

Okay folks. So the Nortorious NATE, Nate the Great from Hindenberg Research has announced he’s...

Wednesday, October 20, 2021, 01:30:00 PM

Tether And The Long Promised Audit

On Thursday, stablecoin firm Tether announced that it has switched accounting firms. The company tapped...

Sunday, August 21, 2022, 01:05:00 PM

Tether Could Teeter On UK Govt’s Tighter Hold On Stablecoin Regulation

Stablecoin issuers like Tether are about to face a tighter regulatory leash as the Bank...

Tuesday, November 7, 2023, 09:44:20 AM

Smugglers Use Tether to Evade Russian Sanctions — Report

Tether has emerged as a major facilitator for Russian entities looking to work around Western...

Wednesday, April 3, 2024, 12:54:00 PM