Tether, the company behind stablecoin USDT, has released its Q2 2024 attestation report:

⚫️Reserves amounted to $118.4bn, exceeding liabilities by $5.3bn

⚫️Holds $97.6bn in U.S. Treasuries, making it the 18th largest holder, surpassing Germany, UAE, and Australia

⚫️Worked with 180 institutions in 45 jurisdictions globally, freezing around 1,850 wallets

⚫️Assisted in recovering over $113m in assets

Tether also launched TetherFacts, dedicated to addressing public concern while displaying its lifelong accomplishments.