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  4. Tether claims to have increased total assets by $21B in new accounting review

Tether claims to have increased total assets by $21B in new accounting review

charlielee
2022-10-27 07:34:19

Tether Holdings has been disclosing its reserves and liabilities as part of a settlement with the New York Attorney General’s office in February 2021. See more for yourself here.

Your opinion is greatly appreciated

Post Reply  
dianasmith
2022-10-27 07:34:53

$21 Billion USD is very large and USDT can indeed reach that value, especially since the price of Bitcoin is really in great demand by all investors, so all large fund owners from around the world can buy Bitcoin even though it is expensive and raises a large market cap for various stable coins.
I am also sure that Tether will continue to increase its marketcap as long as there is a lot of interest in crytpocrurrency around the world and I have known about this since 2016.