Independent Auditing Firm Confirms Tether's USDT Reserves Are Fully Backed
The latest independent audit proves that reserves fully back tether’s USDT as the consolidated assets are more than consolidated liabilities.
- CryptoGround Team
- May 03, 2021
The blockchain is a decentralized system with a distributed open ledger that is publicly accessible, and its copy is stored on millions of computer systems. Blockchain became popular with the inception of cryptocurrencies like Bitcoin. However, it is important to note that blockchain's utility is not limited to cryptocurrency. Discover such systems in this news section.
The latest independent audit proves that reserves fully back tether’s USDT as the consolidated assets are more than consolidated liabilities.
In partnership with the American Association of Insurance Services (AAIS), Linux Foundation has launched a blockchain-based platform to improve service delivery in the insurance sector.
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