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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)$98,909.003.14%
  • ethereumEthereum(ETH)$3,371.869.12%
  • tetherTether(USDT)$1.000.04%
  • solanaSolana(SOL)$262.9311.31%
  • binancecoinBNB(BNB)$636.845.52%
  • rippleXRP(XRP)$1.3825.26%
  • dogecoinDogecoin(DOGE)$0.3936584.06%
  • usd-coinUSDC(USDC)$1.000.04%
  • staked-etherLido Staked Ether(STETH)$3,369.139.12%
  • cardanoCardano(ADA)$0.8711.55%
© 2024 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$98,909.003.14%
  • ethereumEthereum(ETH)$3,371.869.12%
  • tetherTether(USDT)$1.000.04%
  • solanaSolana(SOL)$262.9311.31%
  • binancecoinBNB(BNB)$636.845.52%
  • rippleXRP(XRP)$1.3825.26%
  • dogecoinDogecoin(DOGE)$0.3936584.06%
  • usd-coinUSDC(USDC)$1.000.04%
  • staked-etherLido Staked Ether(STETH)$3,369.139.12%
  • cardanoCardano(ADA)$0.8711.55%