On March 31, 2021, Tether claimed it had greater than $35.5 billion in U.S. greenback equivalents at these establishments, in response to the paperwork. They had been shared with CoinDesk by the New York Attorney General’s workplace (NYAG) in response to a state Freedom of Information Law (FOIL) request filed in June 2021. The paperwork seem to have been created on Aug. 4, 2021, and function a snapshot of Tether’s operations on that day. An additional $5.1 billion had been detailed below “USDT lending” and different property, for an asset whole of $40.6 billion, roughly matching the 40.8 billion USDT in circulation on the time.
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