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Stablecoin Issuer Tether Fulfills Promise by Reducing Commercial Paper Holdings Down to Zero

Post author:MiamiCrypto
Post published:October 13, 2022
Post category:Commercial Paper Commercial Paper Holdings commercial paper USDT consolidated reserves report dollar-pegged crypto News Paolo Ardoino stablecoin assets Stablecoin Reserves stablecoins fluctuate T-notes Tether Tether CTO Treasuries us treasuries US Treasury Bills US Treasury notes USD Coin USDC USDT

On October 13, 2022, Tether Holdings Limited announced that the stablecoin issuer has reduced the company’s commercial paper holdings down to zero. The company has said it would reach this…

Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves

Post author:MiamiCrypto
Post published:October 3, 2022
Post category:BDO Italia Commercial Paper Commercial Paper Holdings consolidated reserves report dollar-pegged crypto News Paolo Ardoino stablecoin assets Stablecoin Reserves stablecoins fluctuate T-notes Tether Tether CTO Treasuries us treasuries US Treasury Bills US Treasury notes USDT

On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether hiring…