Tether Reveals Reserves Breakdown For The First Time Since 2014

By Scott Chipolina

Stablecoin issuer Tether has revealed a breakdown of its reserves for the first time since 2014, according to The Block.

As of March 31, 2021, almost 76% of Tether’s reserves were held in cash or cash equivalents. The remaining quarter was held in secured loans, bonds, and other investments that include Bitcoin.

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