Moore Cayman Audit Report States Tether’s USDT Reserves Is Fully-Backed

Published on: 01.04.2021

A report from auditing firm Moore Cayman indicates that Tether Holdings Limited reserves for USDT is fully backed.

The accountant report states Tether’s CRR(Consolidated Reserves Report) last February 28 is fairly stated and accurate.

The audit report further states that the company’s total liabilities is $35.2 Billion while reported total assets is $35.3 Billion.

#SmartCrypto

Market Stats:
BTC Dominance: 41.25%(+0.04%/24h)
ETH Dominance: 18.83%(-0.06%/24h)
Defi Market Cap: $0B(+4.28%/24h)
Total Market Cap: $1062.7B(-2.00%/24h)
Total Trading Volume 24h: $65.01B(+8.41%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $624.36B
Altcoin Volume 24h: $35.58B
Total Cryptocurrencies: 22490
Active Cryptocurrencies: 8948
Active Market Pairs: 59778
Active Exchanges: 546
Total Exchanges: 4812