Crypto-Follow logo Crypto-Follow logo
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 …

#
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