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Analysis: $7.6B of Tether has been withdrawn since Thursday, nearly twice its cash reserves at the end of 2021; Tether also holds $60B in "cash-like" assets (Alex Hern/The Guardian)

Photo of Grace Will Grace Will May 16, 2022
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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Analysis: $7.6B of Tether has been withdrawn since Thursday, nearly twice its cash reserves at the end of 2021; Tether also holds $60B in “cash-like” assets  —  Figures suggest company has paid out more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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