USDT issuance has risen to $184.6 billionâ$446 million more than in Q1, despite a decline in overall market capitalization. USDTâs share of the stablecoin market has exceeded 60%.
- Assets: $187.75 billion, Liabilities: $183.64 billion
- Reserves exceed liabilities by $4.11 billion
- Backed lending has decreased by $2.38 billion (15%)
- Gold reserves have grown to over 146 tons (+14 tons quarter-on-quarter)
CEO Paolo Ardoino: âThis quarter, the reserves underwent a real-market test and remained fully backed.â
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