TechnologyAnalysis: $7.6B of Tether has been withdrawn since Thursday,...
Technology

Analysis: $7.6B of Tether has been withdrawn since Thursday, nearly twice its cash reserves at the end of 2021; Tether also holds $60B+ in "cash-like" assets (Alex Hern/The Guardian)

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Alex Hern / The Guardian:

Analysis: $7.6B of Tether has been withdrawn since Thursday, nearly twice its cash reserves at the end of 2021; Tether also holds $60B+ in “cash-like” assets  —  Figures suggest company has paid out more than total cash on hand, as terra backers prepare relaunch





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