Tether's Q2 Audit Reveals $118.4B in Reserves, $97.6B in U.S. Treasuries, 18th Largest Holder

Tether's second quarter 2024 audit revealed that its reserves amounted to $118.4 billion, surpassing its liabilities by $5.3 billion.

The audit also disclosed that Tether holds more than $97.6 billion in U.S. Treasuries, making it the 18th largest holder of U.S. Treasuries globally. This positions Tether ahead of several countries, including Germany, UAE, and Australia.

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