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Attestations
Tether Reports $3.2B Excess Reserves, but Lags in Reducing Secured Loans
The USDT stablecoin currently has a market cap of roughly $84 billion.

Tether Is Going on a Bitcoin Buying Spree, but It Should Be Holding Cash
The USDT issuer Tether says it holds a lot of U.S. Treasuries and made a lot of money last quarter.

Tether Reports $1.48B Profit in Q1, Reveals Bitcoin, Gold Reserves
The company’s USDT stablecoin has seen rapid growth this year as the U.S. banking crisis hit rivals.

Stablecoin Issuer Tether Dismisses Wall Street Journal's Claim of Inadequate Reserves
The newspaper reported that the firm's assets outweigh its liabilities by just $191 million, implying a relatively "thin cushion of equity."

Tether Swaps Accounting Firms, Says It Will Publish Monthly Attestation on Stablecoin Backing
BDO Italia will take over from MHA Cayman.

‘Correctly’ Was Wrong: Circle’s Accountant Tweaks Fine Print of USDC Attestation
Grant Thornton has switched from calling the $52.3 billion stablecoin’s reserve accounts “correctly stated” to the more equivocal “fairly stated.” Here’s why that matters.

Tether Takes Step Toward Transparency With First Accounting Firm Report Card
The report is similar to those produced by other stablecoin issuers like Centre or Paxos.

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