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Tether aims to decrease commercial paper backing of USDT to zero

June 15, 2022 by DIGIT
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Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it.

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Categories Banks, Cryptocurrencies, Dollar, Fiat Money, Tether, United States
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  • bitcoinBitcoin(BTC)$109,702.000.21%
  • ethereumEthereum(ETH)$2,750.464.90%
  • tetherTether(USDT)$1.00-0.04%
  • rippleXRP(XRP)$2.30-0.59%
  • binancecoinBNB(BNB)$670.730.94%
  • solanaSolana(SOL)$163.933.71%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1944711.57%
  • tronTRON(TRX)$0.2908831.11%
  • cardanoCardano(ADA)$0.711.90%
  • bitcoinBitcoin(BTC)$109,702.000.21%
  • ethereumEthereum(ETH)$2,750.464.90%
  • tetherTether(USDT)$1.00-0.04%
  • rippleXRP(XRP)$2.30-0.59%
  • binancecoinBNB(BNB)$670.730.94%
  • solanaSolana(SOL)$163.933.71%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1944711.57%
  • tronTRON(TRX)$0.2908831.11%
  • cardanoCardano(ADA)$0.711.90%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$109,702.000.21%
  • ethereumEthereum(ETH)$2,750.464.90%
  • tetherTether(USDT)$1.00-0.04%
  • rippleXRP(XRP)$2.30-0.59%
  • binancecoinBNB(BNB)$670.730.94%
  • solanaSolana(SOL)$163.933.71%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1944711.57%
  • tronTRON(TRX)$0.2908831.11%
  • cardanoCardano(ADA)$0.711.90%
  • bitcoinBitcoin(BTC)$109,702.000.21%
  • ethereumEthereum(ETH)$2,750.464.90%
  • tetherTether(USDT)$1.00-0.04%
  • rippleXRP(XRP)$2.30-0.59%
  • binancecoinBNB(BNB)$670.730.94%
  • solanaSolana(SOL)$163.933.71%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1944711.57%
  • tronTRON(TRX)$0.2908831.11%
  • cardanoCardano(ADA)$0.711.90%