Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Ethereum World News 2022-04-13 16:24:54

Tether Reveals Plans to Shrink Short-term Debts in USDT Reserves Below 30%

USDT stablecoin issuer Tether has disclosed a strategy geared towards cutting down on the company’s commercial debts The move could aid in quelling doubts pertaining to the firm’s transparency Tether’s decision comes on the back of controversy regarding its commercial paper holdings and reduced cash reserves Also, the popular stablecoin was recently launched on the parachain protocol Kusama Tether, the crypto startup behind the world’s largest stablecoin by market cap and traded volume, said it has plans to shrink the […]

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.