Log in

News

Tether reportedly increased total assets by $21B in its recent review

Updated: Jul 25, 2024
Published: Aug 9, 2021
0
Share:

Tether Holdings Limited, the company behind the USDT stablecoin, has published its latest accounting review, indicating that it has added $21 billion to its total assets.

Post Feature Image

Tether publishes its latest accounting review

Tether Holdings Limited has published a transparency report detailing its reserves as of June 30. The independent account report published earlier today claims that Tether's tokens are fully backed by its reserve.

Tether's latest Consolidated Reserves Report or CRR was reviewed by Moore Cayman, an accounting network based in the Cayman Islands. According to the accounting firm, Tether has met its reserve obligations for the period that ended on June 30, 2021.

Per the report, the company's consolidated total assets were roughly $62,773,190,075 for the reporting period. Furthermore, Tether’s consolidated total liabilities were $62,628,932,116, with the USDT stablecoin accounting for $62,610,829,196 of it.

The accounting firm said, "In our opinion, the CRR as prepared by the management of Tether Holdings Limited group as of June 30, 2021, at 11:59 PM UTC, is presented in accordance with the criteria set out therein and is, in all material respects, fairly stated."

Tether adds $21 billion to its total assets

The latest report indicates that Tether has $21 billion to its total assets in the second quarter of the year. Tether's consolidated assets were worth roughly $41,017,565,708 as of April 29, 2021. According to June's report, 85% of Tether's (USDT's) reserves are held in the "Cash & Cash Equivalents & Other Short-Term Deposits & Commercial Paper." Corporate bonds, funds & precious metals accounted for 8%, secured loans (4%) and other investments like digital tokens (3%.)

The cash and cash equivalents accounted for $53.3 billion of Tether's total assets. This category includes $30.8 billion in commercial paper and certificates of deposit, 15.2 billion in Treasury bills, another $6.2 billion in cash and bank deposits and $1 billion in reverse repo notes.

100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included in Pro:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
This Week's Setup: 27th of October
Market Updates
This Week's Setup: 27th of OctoberIt’s a big week in markets, and you don’t want to miss what’s coming. The Fed meets, Trump and Xi ar...
7 min read
Oct 27, 2025
Time Sensitive: The 4x Market-Neutral Trade Everyone’s Missing
PRO
Research Report
Time Sensitive: The 4x Market-Neutr...Opportunities like this are rare in crypto. Most launches are driven by hype or speculation with no ...
11 min read
Oct 27, 2025
BTC, ETH and More: Breakouts Loom on Pennants, Key Levels Ahead
PRO
Market Direction
BTC, ETH and More: Breakouts Loom o...The market is coiling in pennants after the inflation beat. All eyes on major resistance and breakdo...
6 min read
Oct 24, 2025