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Tether has completely eliminated commercial paper from its reserves. The largest stablecoin announced the milestone today in a blog post that it would replace those Tether Holdings Ltd, the issuer of the largest stablecoin in the world, said Thursday that it has cut its commercial paper holdings to zero and replaced them with U.S. Tether claims that it removed $30 billion worth of commercial paper without any losses, while simultaneously increasing its direct exposure to U.S Treasuries by $10 billion Tether, the issuer of USDT stablecoin, said it now holds zero commercial debt after months of gradually reducing its exposure to commercial paper. Commercial paper Tether (USDT issuer) liquidated $30 billion worth of unsecured short-term debt without any losses. Disclaimer: Includes third-party opinions. No financial advice. Tether (USDT), one of the largest stablecoins on the market, has lately made headlines for numerous reasons. However, it was not all for positive reasons. The previous According to a statement on the company's blog, the fact that Tether has eliminated all commercial documents illustrates the company's Tether Holdings, the issuer of the largest stablecoin in the world, said on 13 October that it has cut its commercial paper holdings to zero and replaced them with US However, in one of the most recent tweets, the official Twitter handle of Tether confirmed that it has eliminated $30 billion in insecure short-term debt without incurring Tether, the company responsible for issuing the largest stablecoin by market capitalisation, has announced that it has eliminated commercial paper from its reserves, a long-sought goal in the

Tether Eliminates $30B in Unsecured Short-Term Debt: A Major Step for USDT Stability

Tether (USDT issuer) liquidated $30 billion worth of unsecured short-term debt without any losses, marking a significant milestone for the world's largest stablecoin. This move addresses previous concerns surrounding the composition of Tether's reserves and reinforces its commitment to transparency and stability.

Tether's Commercial Paper Holdings Reduced to Zero

Tether has completely eliminated commercial paper from its reserves. The largest stablecoin announced the milestone today in a blog post that it would replace those. Tether Holdings Ltd, the issuer of the largest stablecoin in the world, said Thursday that it has cut its commercial paper holdings to zero and replaced them with U.S. Treasuries, seen as a safer and more liquid asset.

Tether, the issuer of USDT stablecoin, said it now holds zero commercial debt after months of gradually reducing its exposure to commercial paper. Commercial paper, a type of unsecured, short-term debt, had been a source of scrutiny for Tether.

Strengthening USDT Backing with US Treasuries

Tether claims that it removed $30 billion worth of commercial paper without any losses, while simultaneously increasing its direct exposure to U.S Treasuries by $10 billion. This strategic shift strengthens the backing of USDT and provides greater assurance to its holders.

Transparency and Long-Sought Goal Achieved

Tether, the company responsible for issuing the largest stablecoin by market capitalisation, has announced that it has eliminated commercial paper from its reserves, a long-sought goal in the industry. According to a statement on the company's blog, the fact that Tether has eliminated all commercial documents illustrates the company's dedication to reducing risk and increasing investor confidence.

Tether Holdings, the issuer of the largest stablecoin in the world, said on 13 October that it has cut its commercial paper holdings to zero and replaced them with US Treasuries. However, in one of the most recent tweets, the official Twitter handle of Tether confirmed that it has eliminated $30 billion in insecure short-term debt without incurring any losses.

Tether (USDT), one of the largest stablecoins on the market, has lately made headlines for numerous reasons. However, it was not all for positive reasons. The previous concerns centered around the nature of its reserve assets.

Disclaimer: Includes third-party opinions. No financial advice. This article is for informational purposes only and should not be construed as investment advice.

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