Grant StellmacherRegistry
Snapshot 2026-06-30Published 2026-08-01Lag 32dSource Secondary SourceVerified 2026-08-03

USDT Reserve Attestation

Tether Holdings Limited2026-06-30

Engagement Details

Period Type
Quarterly
Engagement Type
Agreed-Upon Procedures
Standard
ISAE 3000 (Revised)
Opinion
N/A
Practitioner
BDO Italia S.p.A.
Assertion Party
Management of Tether Holdings Limited

Reserve Summary

Total Reserves
$187,750,000,000
Circulating Supply
$184,600,000,000
Coverage Ratio
101.71%

Composition

CategoryAmount (USD)%
U.S. Treasury Bills$115,000,000,00061.30%
Overnight Reverse Repo$13,000,000,0006.90%
Government Money Market Funds$8,000,000,0004.30%
Cash at Insured Depository$6,000,000,0003.20%
Precious Metals$18,830,000,00010.00%
Bitcoin$8,000,000,0004.30%
Secured Loans$12,000,000,0006.40%
Other Investments$6,920,000,0003.70%

Custodians

Not disclosed in report.

Scope Notes

Quarterly consolidated reserves. Includes $4.11B excess reserves (equity cushion). Q2 net operating profit $1.5B. Gold holdings 146+ tons. BTC holdings 98,932. Figures from public reporting.

GENIUS Act Disclosure Checklist

Factual observations only. See methodology.

  • Monthly disclosure published
  • Examination-level engagement
  • Practitioner PCAOB-registered
  • Executive certification present
  • Composition by category disclosed

Source

Primary source PDF ↗

Source quality: Secondary Source

How to Cite

Reserve Attestation Registry. "USDT Reserve Attestation — 2026-06-30." https://grantstell.com/attestations/tether-usdt-2026-q2 (retrieved 2026-08-03).