Tether reports 17% decrease in commercial paper holdings over Q1 2022
“This latest attestation further highlights that Tether is fully backed and that the composition of its reserves is strong, conservative and liquid," said Paolo Ardoino.
Auto Added by WPeMatico
“This latest attestation further highlights that Tether is fully backed and that the composition of its reserves is strong, conservative and liquid," said Paolo Ardoino.
"It is essential that educational institutions are put into place to help better inform not only traders and investors but future business owners," said Paolo Ardoino.
Tether has published its latest reserves attestation report for the first quarter of 2022. Conducted by independent accountants MHA Cayman, the attestation shows Tethers consolidated assets exceeding its consolidated liabilities,...
After an earthquake, there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed.
Mike McGlone, senior commodity strategist at Bloomberg, and financial commentator Frances Coppola discuss the implications of last week’s Terra collapse in Cointelegraph’s latest interview.
Fears over USDTs stability have resulted in more than $9 billion worth of redemptions over the past week. We explore whether investors should be worried about a potential collapse. USDT...
The fallout from Terra’s collapse continues as outflows from Tether (USDT) hit an average of $1.1 billion a day over the past week.
Doom and gloom and an overall sense of unease pervades the market ahead of the World Economic Forum.
The dangers posed by stablecoins to the traditional market cannot be dismissed due to Tether's exposure to the U.S. credit system.
BTC, ETH and altcoin prices were crushed this week, but the futures funding rate shows retail traders are not ready to become permabears.