On June 30, 2026, BDO Advisory Services released an assurance report on the financial statements of major stablecoin issuer Tether International. The report revealed that the excess reserves, assets exceeding liabilities, had halved from approximately $8.2 billion at the end of March to $4.1 billion and 953 thousand dollars.
The company's total assets were reported at $187.75 billion, with total liabilities at $183.64 billion, of which $183.62 billion...