Tether Drops All Commercial Paper from Reserves in New Transparency Push
The stablecoin issuer Tether has finally eliminated its exposure to commercial papers, replacing them with much more liquid and secure US Treasury Bills. According to an announcement from Tether, the move to eliminate its commercial paper holdings and replace it with US Treasuries is part of a push to increase transparency and confidence among users of the popular USDT stablecoin…. Read More: Tether Drops All Commercial Paper from Reserves in New Transparency Push…
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