TechFlow news — Tether's Chief Technology Officer Paolo Ardoino said that Tether, the issuer of the USDT stablecoin, plans to further reduce its holdings of commercial paper in its reserves. In Q4 2021, the proportion of commercial paper in Tether's total reserves dropped from over 44% in Q3 to over 30%. Tether has already shifted the corresponding funds from commercial paper to U.S. Treasury securities.
Navigating Web3 tides with focused insights
Contribute An Article
Media Requests
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号




