Crypto exchange OKX reported a decrease in BTC assets by 4.49% and an increase in ETH assets by 3.5% with 48,000 ETH. User USDT assets were 4.91 billion. Tether announced $3.2 billion in excess reserves and the highest-ever percentage of cash and cash equivalents in its audited third-quarter attestation report.
In its Oct. 31 post, Tether provided BDO's Q3 2023 assurance opinion confirming the accuracy of its reserves report, with highest ever reports of reserves in cash and equivalents at 85.7% https://t.co/Yz9HRNNHyG
Tether Announces Its Highest Percentage of Cash and Cash Equivalents Ever https://t.co/Aun8qeDjLl
Stablecoin issuer @Tether_to released its audited third-quarter attestation report, which showed $3.2 billion in excess $USDT reserves and the highest-ever percentage of cash and cash equivalents. @BrandyBetz reports https://t.co/4WooqDPdBH
ICYMI: Tether touts highest ever percentage of cash and cash equivalents in reserves https://t.co/NztF6pneeG
Tether says it makes money but can’t ditch loans https://t.co/ifgs6MKnrW
$USDT issuer Tether said it held roughly $3.2 billion in excess reserves to back its stablecoins. The company also trimmed its secured loans stash to $5.2 billion - still far from the promised reduction to zero this year. @sndr_krisztian reports https://t.co/knI1U2qCUB
NEW: Crypto exchange OKX reported 103% reserves for #Bitcoin 👌 No fractional reserve, please! https://t.co/lG3WhPalNZ
OKX announced the twelfth asset reserve certificate (snapshot date 10-24). User BTC assets were 136k, a decrease of 4.49% from the last time (9-18); user ETH assets were 1.42 million, increased by 3.5%, with an increase of 48,000 ETH; user USDT assets were 4.91 billion; user USDC… https://t.co/sXCkta9iav