Tether 2021 Accounting Review Claimed their Asset Increased by $21B

📣 Tether 2021 Accounting Review Claimed their #Asset Increased by $21B

👉 #Tether has published periodic accounting reports to the public after settling with the New York Attorney General’s office in February 2021.

👉 Tether Holdings Limited, the company behind the #USDT stablecoin released an independent accountant Consolidated Reserves Report (CRR) reviewed by Moore Cayman, an accounting network based in the #CaymanIslands.

👉 According to the report, the company’s consolidated total liabilities were $62,628,932,116, of which $62,610,829,196 were related to USDT.

👉 The market capitalization of USDT currently stands at $62.6 billion as one of the largest stablecoins. What appears to be underway this month, could soon ignite an even more significant demand for dollar-pegged stablecoins.

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