Tether reported $3.2 billion of excess reserves backing the value of its stablecoins including USDT, according to its Q3 attestation released Tuesday. Signed off on by accounting firm BDO Italy ...

Tether said that its total excess reserves now number $3.3 billion. From April to June 2023, Tether reported a 30% quarterly increase in its operational profits, bringing the total above $1 billion.

Tether has issued a report that claims over $3.3 billion in excess reserves after an increase of $850 million at the end of Q2 2023. Tether states that the assurance opinion was completed by BDO ...

As of May 8, the total value of Gate.io ’s reserves stands at $10.865 billion, with a total reserve ratio of 128.57% and an excess reserve of $2.415 billion.

The BOJ paid ¥392.2 billion ($2.6 billion) in interest on excess reserves in the first half of the fiscal year that started in April, according to its financial report released Wednesday.

Tether, issuer of the USDT stablecoin, held $3.3 billion of reserve assets in excess to back the value of its stablecoins, the firm reported in its Q2 attestation on Monday.

The Bank of Japan has introduced interest payments on excess reserves from banks as a way to provide stability in money markets, but analysts say the policy could backfire.</p> ...

Discussions on how to reduce excess liquidity will focus on three areas, the sources said: the amount of reserves banks must keep at the ECB, the unwinding of its bond-buying programmes and a new ...

Excess reserves of all members of the Federal Reserve System rose $80,000,000. That was not a notable weekly gain and it was easily explained by the continued flow of gold to the U. S.

China’s unreasonably high levels of excess currency reserves aren’t optimal for resource allocation, but finding a better use for those reserves will take time, says the governor of the People’s Bank ...

Tether reported $3.2 billion of excess reserves backing the value of its stablecoins including USDT, according to its Q3 attestation released Tuesday. Signed off on by accounting firm BDO Italy ...