Tether reduces its commercial paper holdings by 17% in the first quarter of 2022.
May 20, 2022
Tether reduces its commercial paper holdings by 17% in the first quarter of 2022. “This recent attestation further demonstrates that Tether is completely supported and that its reserve composition is robust, conservative, and liquid,” stated Paolo Ardoino. Tether (USDT) revealed that it reduced its reserves allocation to commercial paper assets and boosted its allocation […]
