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On March 31, 2021, Tether claimed it had greater than $35.5 billion in U.S. greenback equivalents at these establishments, in accordance with the paperwork. They have been shared with CoinDesk by the New York Legal professional Common’s workplace (NYAG) in response to a state Freedom of Info Regulation (FOIL) request filed in June 2021. The paperwork seem to have been created on Aug. 4, 2021, and function a snapshot of Tether’s operations on that day. An extra $5.1 billion have been detailed underneath “USDT lending” and different property, for an asset complete of $40.6 billion, roughly matching the 40.8 billion USDT in circulation on the time.
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