Tether, the issuer of the most popular stablecoin, tether (USDT), presented its reserves breakdown for the first time. Per the company, almost 76% of its reserves on March 31 consisted of cash, cash, cash equivalents, and other short-term deposits & commercial paper. Cash's share in this category is less than 4%. Reserves Breakdown, March 31 Cash & Cash Equivalents
Tether, the issuer of the most popular stablecoin, tether (USDT), presented its reserves breakdown for the first time. Per the company, almost 76% of its reserves on March 31 consisted of cash, cash, cash equivalents, and other short-term deposits & commercial paper. Cash's share in this category is less than 4%. Reserves Breakdown, March 31 Cash & Cash Equivalents
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