According to the financial report for Tether's second quarter, the company's surplus reserves rose by $850 million to $3.3 billion.
https://tether.to/en/tethers-latest-q1-2023-assurance-report-shows-reserves-surplus-at-all-time-high-of-244b-up-148b-in-net-profit-new-categories-for-additional-transparency-reveals-bitcoin-and-gold-allocations/
Key Points: Tether released its most recent attestation report, stating that its assets outweighed its liabilities as of December 2022.…
Tether is now lowering its holdings of such securities and boosting its exposure to US Treasury bonds The collapse of…
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