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3232Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin
https://www.digit.info/stablecoin-issuer-tether-reveals-plan-to-allocate-profits-into-bitcoin/
Wed, 17 May 2023 17:30:20 +0000https://www.digit.info/2023/05/17/stablecoin-issuer-tether-reveals-plan-to-allocate-profits-into-bitcoin/Read more]]>Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession of bitcoin reserves worth $1.5 billion. Tether’s Strategic Shift: Profits to Fuel Bitcoin Acquisition Tether, the company behind the crypto economy’s largest […]
]]>The $62B Stablecoin Giant Tether Publishes Assurance Report Reviewed by Auditor Moore Cayman
https://www.digit.info/the-62b-stablecoin-giant-tether-publishes-assurance-report-reviewed-by-auditor-moore-cayman/
Tue, 10 Aug 2021 07:30:02 +0000https://www.digit.info/2021/08/10/the-62b-stablecoin-giant-tether-publishes-assurance-report-reviewed-by-auditor-moore-cayman/Read more]]>Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of the company’s assets and reserves which Moore Cayman claims are around $62.7 billion as of June 30. Tether Publishes Assurance Report On August 9, 2021, Tether’s chief technology officer tweeted […]
]]>Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve Backing
https://www.digit.info/huobi-stablecoin-issuer-publishes-attestation-reports-tied-to-husd-reserve-backing/
Fri, 06 Aug 2021 09:30:07 +0000https://www.digit.info/2021/08/06/huobi-stablecoin-issuer-publishes-attestation-reports-tied-to-husd-reserve-backing/Read more]]>The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with USD. HUSD Monthly Attestations On Thursday, more than $117 billion […]
Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession of bitcoin reserves worth $1.5 billion. Tether’s Strategic Shift: Profits to Fuel Bitcoin Acquisition Tether, the company behind the crypto economy’s largest […]
Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of the company’s assets and reserves which Moore Cayman claims are around $62.7 billion as of June 30. Tether Publishes Assurance Report On August 9, 2021, Tether’s chief technology officer tweeted […]
The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with USD. HUSD Monthly Attestations On Thursday, more than $117 billion […]