Post
Topic
Board Bitcoin Discussion
Re: Tether Market Cap 100 billion today vs less than 5 billion 2020
by
MusaMohamed
on 07/03/2024, 10:16:04 UTC
EDIT: especially the question: how backed up is tether really and how verified are the information they are putting out?
You can check some transparent reports from Tether on their website.
https://tether.to/en/transparency/#usdt

They usually publish quarterly reports from audit companies.
https://tether.to/en/transparency/#reports. On this page, you can see Tether Reserves Breakdown information as well.

The latest report https://assets.ctfassets.net/vyse88cgwfbl/7DZ8nVyr8zTaWhJqTIsMsH/b8e55bc151c9bb74adf20ff840e84088/ESO.03.01_Std_ISAE_3000R_Opinion_31-12-2023_BDO_Tether_CRR_RC134792023BD0684__1_.pdf