Friday, 1 July 2022

Tether Announces to Reduce Commercial Paper Holdings by July End Amid Crypto Gloom

Tether, the world's largest stablecoin, has announced on Friday to cut its commercial paper holdings by around 58 percent as part of an earlier commitment to reduce its exposure to riskier assets. The company aims to reduce its commercial paper holdings to zero in near future.

from Gadgets 360 https://ift.tt/oNnAxye
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