Stablecoin Tether Reports $7B Excess Reserves

Tether Reports $7 Billion Surplus in 2024 Audit

• An audit by BDO Global shows Tether has $143.7 billion in reserves.
• Tether’s liabilities amount to approximately $136.613 billion.
• The surplus is calculated at $7,087,270,541.
• Reserves include $118.335 billion in cash and equivalents, mainly US Treasury bills.
• Other assets include $14 million in corporate bonds and $5.3 billion in precious metals.

An independent audit reveals that Tether had a surplus of over $7 billion at the end of 2024, with significant reserves primarily held in cash equivalents like US Treasury bills.