Cryptocurrency Q&A
Does tether have a stablecoin reserve?
Does tether have a stablecoin reserve?
GeishaMelody
Thu Feb 20 2025
|
7
answers
1555
I've been hearing a lot about Tether and its role in the crypto market. I'm curious to know if Tether maintains a reserve for its stablecoin, ensuring its stability and peg to the US dollar.
7 answers
Giulia
Fri Feb 21 2025
Paolo Ardoino, the CTO of Tether, revealed on Monday that U.S. Treasury bills constitute a significant portion of the company's reserves.
Was this helpful?
354
95
Nicolo
Fri Feb 21 2025
Part of this strategy involves reducing the amount of commercial paper held in its reserves.
Was this helpful?
89
53
amelia_martinez_engineer
Fri Feb 21 2025
Specifically, he stated that U.S. Treasury bills account for 58.1% of Tether's reserves.
Was this helpful?
72
98
Valentina
Fri Feb 21 2025
By making such adjustments, Tether aims to improve the overall strength and stability of its reserve assets.
Was this helpful?
340
88
EnchantedDreams
Fri Feb 21 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts.
Was this helpful?
319
45
Load 5 more related questions
