Tether has higher credit risk exposure to its reserve portfolio than its peers, flexibility in the reserve mix increase

03/28 09:50

A tweet retweeted by Paolo Ardoino, CTO of Bitfinex and Tether, said that Fitch released proof of reserve portfolios for five of the top eight stablecoins for Q4 2021. The amount and type of reserves are disclosed, most of which are U.S. Treasuries or cash. Tether, which provides the most detailed reports, has higher credit risk exposure to its reserve portfolio than its peers. However, flexibility in the reserve mix has increased. Treasury bills rose to 44% of total reserves by the end of 2021, up from 28% at the end of September 2021.
bullishbullishbullish9bearishbearishbearishВедмежий1Поділитися
ЗастереженняНаведені вище матеріали не представляють позицію компанії HTX.HTX не дає жодних торгових рекомендацій.

Схожі статті

  • Image

    Bitcoin Correction Pushes 580,000 BTC Into Loss Territory

  • Image

    SoFi Rolls Out Ethereum And Solana-Based Stablecoin To 15 Million Users

  • Image

    Major Bitcoin Players Drop Over A Billion In Sell-Offs While Euphoria Rocks Retail

Усі коментарі0НовіПопулярно

avatar
НовіПопулярно

Схожі статті

  • Image

    Bitcoin Correction Pushes 580,000 BTC Into Loss Territory

  • Image

    SoFi Rolls Out Ethereum And Solana-Based Stablecoin To 15 Million Users

  • Image

    Major Bitcoin Players Drop Over A Billion In Sell-Offs While Euphoria Rocks Retail