Tether Used Chinese Securities to Back its Top Stablecoin, Filing Reveals
At one point, part of USDT reserves consisted of securities issued by the Agricultural Bank of China, China Construction Bank, and Industrial Commercial Bank of China.
BTC$62,423.00-0.16%
ETH$1,660.95+0.09%
USDT$0.99870.00%
USDC$0.9998+0.01%
XRP$1.09-2.08%
SOL$68.95-0.35%
TRX$0.3309+0.49%
FIGR_HELOC$1.03-0.15%
HYPE$61.92-1.53%
DOGE$0.0783-1.44%
USDS$0.9995-0.01%
RAIN$0.016+1.42%
LEO$9.54+0.12%
ZEC$412.09-2.99%
XLM$0.1902-1.48%
BTC$62,423.00-0.16%
ETH$1,660.95+0.09%
USDT$0.99870.00%
USDC$0.9998+0.01%
XRP$1.09-2.08%
SOL$68.95-0.35%
TRX$0.3309+0.49%
FIGR_HELOC$1.03-0.15%
HYPE$61.92-1.53%
DOGE$0.0783-1.44%
USDS$0.9995-0.01%
RAIN$0.016+1.42%
LEO$9.54+0.12%
ZEC$412.09-2.99%
XLM$0.1902-1.48%
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At one point, part of USDT reserves consisted of securities issued by the Agricultural Bank of China, China Construction Bank, and Industrial Commercial Bank of China.
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