{"id":86453,"date":"2023-11-01T12:08:05","date_gmt":"2023-11-01T10:08:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=86453"},"modified":"2025-09-13T05:44:36","modified_gmt":"2025-09-13T02:44:36","slug":"tether-reports-72-6-billion-in-us-treasury-securities-reserves","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/tether-reports-72-6-billion-in-us-treasury-securities-reserves\/","title":{"rendered":"Tether reports $72.6 billion in US Treasury securities reserves"},"content":{"rendered":"<p>The issuer of <a href=\"https:\/\/forklog.com\/en\/news\/what-are-stablecoins\">stablecoin<\/a> USDT, Tether, as of September 30 held U.S. Treasury bills worth $72.6 billion. The securities accounted for 84% of assets ($86.38 billion), according to the company&#8217;s <a href=\"https:\/\/tether.to\/en\/tether-q3-attestation-reveals-highest-percentage-of-cash-and-cash-equivalent-reserves-over-330m-reduction-in-secured-loans-and-maintains-726b-exposure-in-us-t-bills\/\">attestation report<\/a>.<\/p>\n<p>Together with cash, their share stood at 85.7%.<\/p>\n<p>Liabilities total $83.18 billion (including USDT $83.15 billion), implying excess reserves of $3.2 billion.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;We have reached an all-time high share of cash and cash equivalents within reserves. This demonstrates our commitment to maintaining liquidity and stability in the ecosystem,&#8221;<\/em> \u2014 said Paolo Ardoino, CEO of Tether.<\/p>\n<\/blockquote>\n<p>The company holds Bitcoin valued at $1.66 billion, gold ($3.15 billion) and other assets ($3.7 billion).<\/p>\n<p>The report notes a $330 million reduction in extended secured loans.<\/p>\n<p>In September, The Wall Street Journal reported that the company <a href=\"https:\/\/forklog.com\/en\/news\/tether-resumes-lending-in-its-usdt-stablecoin\">restarted lending<\/a> in its own stablecoin, a year after assurances of discontinuation of such practice. <\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-807.webp\" alt=\"1-807\" class=\"wp-image-219151\"\/><figcaption class=\"wp-element-caption\">Source: Tether.<\/figcaption><\/figure>\n<\/div>\n<p>Tether also disclosed investments in industry-related research totaling more than $809.5 million year-to-date (~$668.9 million in Q3). They are not part of USDT reserves. The category includes investments in sustainable energy, Bitcoin mining, P2P technologies and data storage.<\/p>\n<p>According to <a href=\"https:\/\/www.coingecko.com\/en\/categories\/stablecoins\">CoinGecko<\/a>, Tether&#8217;s market capitalization is $84.8 billion. The company accounts for 68.5% of the stablecoin market.<\/p>\n<p>In May, Ardoino said that <a href=\"https:\/\/forklog.com\/en\/news\/tether-posts-1-48-billion-in-net-profit-in-q1\">high profitability<\/a> for the issuer would <a href=\"https:\/\/forklog.com\/en\/news\/not-just-usdt-tether-explores-new-lines-of-business\">enable it to explore new business lines<\/a>.<\/p>\n<p>Subsequently, it emerged that Tether <a href=\"https:\/\/forklog.com\/en\/news\/tether-invests-1bn-in-bitcoin-mine-in-el-salvador\">invested $1 billion<\/a> in a Bitcoin mining project in El Salvador. Later, the issuer <a href=\"https:\/\/forklog.com\/en\/news\/tether-bets-420m-on-nvidia-gpus\">allocated $420 million<\/a> to buy Nvidia chips in exchange for a 20% stake in the mining company Northern Data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tether, as of September 30, held U.S. Treasury bills worth $72.6 billion. The securities accounted for 84% of assets ($86.38 billion), according to the company&#8217;s report.<\/p>\n","protected":false},"author":1,"featured_media":86454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1252,807,1245],"class_list":["post-86453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-reports","tag-stablecoins","tag-tether-usdt"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=86453"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86453\/revisions"}],"predecessor-version":[{"id":86455,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86453\/revisions\/86455"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/86454"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=86453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=86453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=86453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}