Market Signal:NEUTRAL (medium Impact)
Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B
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Target Assets:#CRYPTO
Executive AI Takeaway
Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B — Market signal: NEUTRAL (medium Impact)
The stablecoin issuer’s US Treasury holdings are comparable to those of major foreign holders, while its Bitcoin reserves were valued at $8.37 billion at the end of September.
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View Full CoverageOriginal report published by CoinTelegraph.
