cryptonews
2022-10-04 10:06:00

Tether Holdings Revealed – Commercial Paper Holdings Slashed

The stablecoin issuer Tether has revealed new details about its holdings of reserve assets, and now says a majority of its holdings are in the form of US treasuries. In a tweet posted on Monday, Tether’s chief technology officer Paolo Ardoino said that 58.1% of the assets backing up the popular USDT stablecoin are now US Treasuries, also known as t-bills....Read More: Tether Holdings Revealed – Commercial Paper Holdings Slashed

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