Tether news: the crypto company has $1.6 billion in excess reserves for USDT stablecoin

Important news for the crypto company Tether, which says it has about $1.6 billion in excess reserves to support its USDT stablecoin. Speaking of which, Tether’s chief technology officer Paolo Ardoino believes USDT is becoming the safest asset to hold in the world during the banking crisis. Full details below.