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"In a continuation of Tether's public commitment towards openness, Tether disclosed that, by leveraging its robust risk management strategies, and its capacity to weather market volatility, quarterly returns from Cash and Cash Equivalent investments are once again at close to US $ 1 billion. Tether also disclosed the investments made in industry-related research fields for a total amount of over $ 800 million since the beginning of the year (almost US$ 670 million this quarter)."

https://tether.to/en/tether-q3-attestation-reveals-highest-percentage-of-cash-and-cash-equivalent-reserves-over-330m-reduction-in-secured-loans-and-maintains-726b-exposure-in-us-t-bills/

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nextwave 2y ago

tf does indirect exposure to t-bills mean?

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Knightstr 2y ago

Maybe like an ETF that holds treasuries with a maturity of less than a year or something like that

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