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Reserves
Tether Cut Commercial Paper Reserve by 17% in Q1, Accountants Say
The reduction has continued with a further 20% cut since April 1, which will be reflected in the Q2 report, the stablecoin issuer said.

What Happened to the $3.5B Terra Reserve?
Blockchain analytics firm Elliptic follows the money to major exchanges Gemini and Binance.

Tether Slashes Commercial Paper Holdings by 21%
The largest stablecoin issuer by total supply released its latest attestation report on Tuesday.

Tether Responds to CoinDesk’s Intervention in Legal Proceedings
The stablecoin issuer maintains its reserves are "closely guarded" and give it a competitive advantage.

Kraken Says Proof-of-Reserves Audit Shows $19B in Bitcoin and Ether
Crypto firms are racing to build credibility as the industry spotlight turns to proving reserves.

Coinbase Says USDC Reserves to Be Held in Cash, Short-Term Treasurys From September
President and COO Emilie Choi in a Twitter post on Monday clarified earlier language on the crypto exchange's website.

Basel Committee Proposes Banks Set Aside Capital to Cover Bitcoin Exposure
The committee proposed splitting crypto assets into two groups: those eligible for treatment under existing frameworks and those that are not.
