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Market Cap:
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The Daily Hodl
2022-10-14 20:00:33

Top Stablecoin Tether (USDT) Slashes $30,000,000,000 in Commercial Paper Holdings, Buys Up U.S. Treasury Bills

Top Stablecoin Tether (USDT) Slashes $30,000,000,000 in Commercial Paper Holdings, Buys Up U.S. Treasury Bills

Top stablecoin issuer Tether (USDT) is completing its goal of eliminating commercial paper holdings from its reserves before the end of 2022. The firm says it has finally cut its commercial paper investments to zero from over $30 billion in September last year and is moving to diversify its portfolio. “Tether is proud to announce […]The post Top Stablecoin Tether (USDT) Slashes $30,000,000,000 in Commercial Paper Holdings, Buys Up U.S. Treasury Bills appeared first on The Daily Hodl.

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