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coinpedia 2022-05-20 07:12:56

Here’s How Tether (USDT) Plans on Improving the Quality of Reserves

The post Here’s How Tether (USDT) Plans on Improving the Quality of Reserves appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideTether, a stablecoin issuer, claimed in the first quarter of this year that it lowered its commercial paper holdings to strengthen the integrity of its reserves. Tether announced today that its commercial paper has been lowered by 17 percent to $19.9 billion from $24.2 billion the previous quarter. It also increased the value of US …

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