Tag: attestation
Tether attestation shows cash and cash equivalents of 86% as loans decline
The reserves for stablecoin issuer Tether contained approximately 86% cash and cash equivalents as of September 30, according to a new attestation rep [...]
USDT Issuer Tether Attestation Shows $3.2B in Excess Reserves
Signed off on by accounting firm BDO Italy, the attestation disclosed $86.4 billion of assets in reserves as of September 30 against $83.2 billion in [...]
Avail, Spun Out of Polygon, Launches Data Attestation Bridge to Ethereum Blockchain
“When an L3 or a validium sends the transaction data to Avail, the data attestation bridge provides the attestation on Ethereum,” Anurag Arjun, the fo [...]
Layer 2 Network Optimism to Use Ethereum Attestation Service to Promote User Trust
Optimism, an Ethereum-based layer-2 blockchain, will use Ethereum Attestation Service (EAS), an on-chain attestation protocol, that will enable users [...]
Coinbase’s Prime Broker Platform Receives Industry Attestation Reports
SOC 1 examines internal controls over financial reporting, while SOC 2 looks at controls based on AICPA's trust principles, which include security, av [...]
82% of Tether reserves held in ‘extremely liquid’ assets, according to attestation
Stablecoin issuer Tether Holdings Limited published its latest quarterly attestation on Nov. 10, highlighting the “extremely liquid” nature of its ass [...]
Independent Tether attestation reveals 58% decrease in commercial paper holdings
An announcement from USDT issuer Tether Holdings Limited revealed information from an independent attestation about the company’s previous quarter's p [...]
Stablecoin Issuer Tether Hires BDO Italia to Take Over Attestation Reports
Stablecoin issuers publish attestations and assurance reports to assure the broader crypto market that their coins are backed by real assets. Tether b [...]
What to Watch for in Tether’s Upcoming Attestation Report
When a stablecoin issuer issues stablecoins into the market, it normally keeps a corresponding asset in reserve to secure, or back, the stablecoin’s p [...]
Circle’s Accountant Tweaks Fine Print of USDC Attestation
“Most auditors and attestors do not use the word ‘correct,’ and it would only be used where a precise measurement is available,” said Michael Shaub, a [...]
Tether slashes commercial paper by 21% in latest reserves attestation
USDT stablecoin issuer Tether cut its reserves allocation to commercial paper by more than one fifth between September and December last year, droppin [...]
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