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Tether Reports $3.2B Excess Reserves, but Lags in Reducing Secured Loans

Posted on 11/01/2023

Tether Reports $3.2B Excess Reserves, but Lags in Reducing Secured Loans

Tether reported $3.2 billion of excess reserves backing the value of its stablecoins including USDT, according to its Q3 attestation released Wednesday.

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