Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide This article is more than 2 years old...
Tether’s holdings of US treasuries currently rivals the world’s wealthiest countries
USDT's attestation report for Q1 2023 showed they held $53 billion worth of U.S. treasuries.
Quick Take
- Earlier this month Tether released its attestation report for Q1 2023, which showed that it held $53 billion worth of U.S. treasuries.
- Assuming the figures are reliable, Tether's treasury holdings can be compared to the world's wealthiest countries, according to Tether advisor Gabor Gurbacs.
- Tether (USDT) said it would use 15% of its net realized operating profits to purchase Bitcoin (BTC).
- CryptoSlate‘s May 19 market report provides more in-depth coverage of the purchase.


















