The total assets under Tether stand at $86.1 billion with total liabilities amounting to $82.8 billion — thus confirming a reserve backing of over 100%.
The most important points from the given information are:
1. Tether, a popular stablecoin in the cryptocurrency market, currently holds $86.1 billion in total assets.
2. The total liabilities of Tether amount to $82.8 billion, indicating that the stablecoin is backed by reserves exceeding 100%.
3. This data confirms that Tether has sufficient reserves to support its market value and maintain stability.
In summary, Tether, one of the leading stablecoins in the cryptocurrency space, has a strong reserve backing with its total assets surpassing its liabilities. This indicates that Tether is well-positioned to maintain stability and provide a reliable peg to the US dollar.