{"id":148488,"date":"2025-02-03T10:00:31","date_gmt":"2025-02-03T08:00:31","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=148488"},"modified":"2025-02-03T03:27:58","modified_gmt":"2025-02-03T01:27:58","slug":"stablecoin-issuer-tether-reports-7-billion-surplus-in-latest-audit","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/stablecoin-issuer-tether-reports-7-billion-surplus-in-latest-audit\/","title":{"rendered":"Stablecoin Issuer Tether Reports $7 Billion Surplus in Latest Audit"},"content":{"rendered":"
The report<\/a><\/strong>, conducted by accounting firm BDO Global, assessed Tether\u2019s holdings as of December 31, 2024, and found that the company\u2019s assets exceeded its liabilities by over $7 billion.<\/p>\n According to the audit, Tether\u2019s total assets amount to approximately $143.7 billion, while its liabilities\u2014primarily in the form of issued USDT<\/a><\/strong>\u2014stand at around $136.6 billion. This surplus suggests that the company has a significant financial cushion to maintain the stability of its dollar-pegged cryptocurrency.<\/p>\n The breakdown of Tether\u2019s holdings reveals that a substantial portion of its reserves\u2014around $118.3 billion\u2014is held in cash and cash equivalents, with U.S. Treasury bills making up the majority. In addition to these highly liquid assets, Tether\u2019s reserves include $5.3 billion in precious metals, $7.8 billion worth of Bitcoin<\/a><\/strong>, $8.1 billion in secured loans, $14 million in corporate bonds, and $3.9 billion in various other investments.<\/p>\n