Tether Slashes Commercial Paper Holdings by 21%

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Tether Slashes Commercial Paper Holdings by 21%
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.Tether_TO cut its commercial paper holdings by $6.2 billion, according to its latest attestation report. HeleneBraunn reports

USDT is the largest stablecoin by total supply.

Instead, the company allocated most of its reserves to Treasury bills, almost doubling assets in short-term government securities from $19.4 billion to $34.5 billion.

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