Tether Holdings Limited — 2026-03-31
Engagement Details
Reserve Summary
Composition
| Category | Amount (USD) | % |
|---|---|---|
| U.S. Treasury Bills | $120,000,000,000 | 80.40% |
| Overnight Reverse Repo | $12,000,000,000 | 8.00% |
| Cash at Insured Depository | $5,000,000,000 | 3.30% |
| Precious Metals | $8,000,000,000 | 5.40% |
| Bitcoin | $7,000,000,000 | 4.70% |
| Secured Loans | $4,300,000,000 | 2.90% |
| Other Investments | -$7,000,000,000 | -4.70% |
Custodians
Not disclosed in report.
Scope Notes
Quarterly consolidated reserves report covering USDT across all chains. BDO Italia performs agreed-upon procedures, not an examination — reports factual findings without expressing an opinion. Composition is approximate based on public reporting; negative 'other' is a balancing adjustment. Custodian identities not disclosed. Reserve figures include Tether equity buffer. Verify all figures against primary PDF.
GENIUS Act Disclosure Checklist
Factual observations only. See methodology.
How to Cite
Reserve Attestation Registry. "USDT Reserve Attestation — 2026-03-31." https://grantstell.com/attestations/tether-usdt-2026-q1 (retrieved 2026-08-03).