Tether’s Q2 2024 audit shows $118.4 billion in reserves, surpassing liabilities by $5.3 billion.
With $97.6 billion in U.S. Treasury, Tether ranks as the 18th largest holder worldwide.
Tether’s most recent audit report for Q2 2024 highlights the company’s remarkable financial growth and stability. According to the report, Tether’s reserves total $118.4 billion, which exceeds its liabilities by $5.3 billion. This substantial reserve base strengthens the company’s position in the stablecoin market.
Most notably, $97.6 billion of these reserves are invested in US Treasury, making Tether the 18th largest holder of US Treasury globally. This ranking puts Tether ahead of large economies, including Germany and Australia, demonstrating the company’s strong presence in global financial markets.
Tether Strategic Collaborations and Impressive Profit Growth 
The paper also highlights Tether’s extensive network of collaborations with institutions around the world. The company present

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