https://tether.to/en/transparency/#reports https://tether.to/en/transparency/#reports Latest report from an independent auditor: https://assets.ctfassets.net/v

https://tether.to/en/transparency/#reports https://tether.to/en/transparency/#reports Latest report from an independent auditor: https://assets.ctfassets.net/vyse88cgwfbl/63oJePOHqIvrcnXWMPZ1M0/4cfaf2e7cdf80c30b17fdc70faaf741f/ESO.03.01_Std_ISAE_3000R_Opinion_30-06-2023_BDO_Tether_CRR.pdf https://assets.ctfassets.net/vyse88cgwfbl/63oJePOHqIvrcnXWMP... Key stats: "Cash & Cash Equivalent & Other Short-Term Deposits" are $73,567,577,334 (out of total assets of $86,499,251,218). Remaining assets are precious metals ($3,270,216,824), bitcoin ($1,676,229,360), corporate bonds ($115,496,758) etc. It is no rocket science to see why USDT is in black now - with 83B USDT, they have that much cash available to park in T-bills and earn 5+% interest just like that. Even if they were in a hole a few years back, they would have recovered over the last 12-18 months when interest rates started rising.