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The Daily Hodl 2023-02-10 17:55:42

Top Stablecoin Tether (USDT) Reports $700,000,000 Profit and Zero Commercial Paper Holdings in Q4

The latest attestation report of global accounting firm BDO backs up stablecoin issuer Tether’s claim that it finally eliminated commercial paper holdings from its reserve in Q4 of 2022. BDO’s independent accountant report, which was released on February 8th, reviewed Tether’s Consolidated Reserves Report (CRR) as of Dec. 31, 2022. The report affirms the accuracy The post Top Stablecoin Tether (USDT) Reports $700,000,000 Profit and Zero Commercial Paper Holdings in Q4 appeared first on The Daily Hodl .

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