Category: reserves
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Tether attestation shows cash and cash equivalents of 86% as loans decline
Tether’s newest reserve attestation shows the highest-ever percentage of cash equivalents, with most reserves consisting of U.S. T-bills and repurchase agreements.
Canadian regulatory body clarifies stablecoin rules for exchanges and issuers
The umbrella organization for Canada’s securities regulators has set out conditions for the trading and issuance of stablecoins.
Costo sells out of gold bars, but is it a better investment than Bitcoin?
Gold bars recently sold out at Costco, reflecting investors’ souring mood about the economy. Is there a silver lining for Bitcoin?
Coinbase earnings show the company is now much more than just an exchange
The Coinbase earnings report shows that services and subscriptions are the exchanges’ core revenue streams. Is this a positive or a negative?
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Tether’s excess reserves up to $3.3B, holds $72.5B worth of US Treasury bills
Tether has released its latest reserves attestation for USDT, with its excess reserves increasing to $3.3 billion.
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Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin
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Circle reportedly adjusts USDC reserves to avoid US default risk
The world’s second-largest stablecoin issuer wants to reduce its exposure to potential US debt defaults.
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Tether has $1.5B in Bitcoin reserves: BDO Italia
The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals.
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Latam Insights: Bolivia Sells Gold for Dollars, Argentina Bans Fintech Crypto, Fitch Upgrades El Salvador’s Credit Rating
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