Reserves

3 Articles 0 Followers


Who Cares If Gold Just Hit $4,000!

8 Oct 2025 1 minute read 0 comments SweptOverNiagara

December gold futures went above $4,000 for the first time on Monday. Just after 10 pm last night, spot prices caught up and also surpassed $4,000. We are witnessing an historic event but don't worry about it. There's nothing to see of importance her...

Tether Keeps Its Word - Commercial Paper Exposure Further Reduced

4 Oct 2022 2 minute read 1 comment kev_nag

Stablecoin issuer Tether has nearly completely slashed its commercial paper holdings, with less than $50 million worth of commercial paper units as of Sept. 30, 2022. Tether chief technology officer Paolo Ardoino made the announcement in an Oct. 3 t...

Report Shows That Tether Might Not Hold Enough Fiat Reserves

3 Sep 2020 1 minute read 6 comments Abhimanyu Krishnan

The Central Bank of Bahamas on August 31 published a quarterly report. According to one Twitter user, this indicates that Tether (USDT) may not have enough USD reserves to back all of its supply.  On August 31, the Central Bank of Bahamas released a...