In accordance with promises it made earlier this year, top stablecoin issuer Tether (USDT) has begun to slash its commercial paper holdings. In the second quarter of 2022, Tether reduced its commercial paper holdings from $20 billion to $8.5 billion, a decrease of more than 58%, according to a new report from the company. The report was […]The post Top Stablecoin Tether (USDT) Slashes Commercial Paper Holdings, Increases Cash and Bank Deposit Reserves appeared first on The Daily Hodl.
