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3232Huobi 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 […]
]]>Assurance Report Says Tether Stablecoins Are Fully Backed- Firm Exceeded Its Consolidated Liabilities
https://www.digit.info/assurance-report-says-tether-stablecoins-are-fully-backed-firm-exceeded-its-consolidated-liabilities/
Thu, 01 Apr 2021 12:30:06 +0000https://www.digit.info/2021/04/01/assurance-report-says-tether-stablecoins-are-fully-backed-firm-exceeded-its-consolidated-liabilities/Read more]]>The company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or not. Tether Holdings Limited published its “Assurance Opinion” issued by an auditing firm based in the Cayman Islands. Accounting Firm Recognizes Two Ongoing Legal Cases According to the statement, Tether […]
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 […]
The company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or not. Tether Holdings Limited published its “Assurance Opinion” issued by an auditing firm based in the Cayman Islands. Accounting Firm Recognizes Two Ongoing Legal Cases According to the statement, Tether […]