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: 57.35%(-0.17%/24h)
ETH Dominance: 12.16%(-0.03%/24h)
Defi Market Cap: $116.65B(-30.07%/24h)
Total Market Cap: $3354.02B(+0.30%/24h)
Total Trading Volume 24h: $140.81B(-34.19%/24h)
ETH Market Cap: $407.34B
Defi to ETH Ratio: 28.64%
Defi Dominance: 3.33%
Altcoin Market Cap: $1430.41B
Altcoin Volume 24h: $99.33B
Total Cryptocurrencies: 32939
Active Cryptocurrencies: 10437
Active Market Pairs: 94991
Active Exchanges: 772
Total Exchanges: 9796
BTC: 97132.53$(-0.02%/1H)
ETH: 3385.21$(-0.23%/1H)
AVAX: 38.12$(-0.4%/1H)
BNB: 668.08$(0%/1H)
MATIC: 0.49$(0.12%/1H)
FTM: 1$(-0.58%/1H)
ADA: 0.91$(-0.38%/1H)
DOT: 7.09$(-0.55%/1H)
UNI: 14.03$(-0.78%/1H)
CAKE: 2.4$(-0.14%/1H)
SUSHI: 1.48$(-0.63%/1H)
ONE: 0.03$(0.33%/1H)