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Stablecoin Issuer Tether Fulfills Promise by Reducing Commercial Paper Holdings Down to Zero

Bitcoin.com
Stablecoin Issuer Tether Fulfills Promise by Reducing Commercial Paper Holdings Down to Zero
bitcoin.com
Stablecoin Issuer Tether Fulfills Promise by Reducing Commercial Paper Holdings Down to ZeroOn October 13, 2022, Tether Holdings Limited announced that the stablecoin issuer has reduced the company’s commercial paper holdings down to zero. The company has said it would reach this goal for a while now, and Tether says that shrinking commercial paper holdings down to zero “demonstrates Tether’s commitment to backing its tokens with the […]
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Michael Saylor Raves About the U.S.’s Trillion World Reserve Digital Dollar Opportunity

Michael Saylor Raves About the U.S.’s $10 Trillion World Reserve Digital Dollar Opportunity

Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves

Bitcoin.com
Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves
BDO Italia
Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s ReservesOn Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether hiring the accounting firm BDO Italia and the stablecoin issuer’s quarterly attestation, which had shown a decrease in commercial paper holdings. Tether’s Commercial Paper Holdings Shrank […]
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Michael Saylor Raves About the U.S.’s Trillion World Reserve Digital Dollar Opportunity

Michael Saylor Raves About the U.S.’s $10 Trillion World Reserve Digital Dollar Opportunity

Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper

Bitcoin.com
Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper
Altcoins
Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial PaperThis week, the stablecoin issuer Tether Holdings Limited revealed an update to its assurance and attestation process and detailed that the company has been working with accounting firm BDO Italia. The accounting firm will conduct monthly tether assurance reports based on the stablecoin issuer’s reserves. The following day, Tether published its quarterly assurance opinion completed […]
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Michael Saylor Raves About the U.S.’s Trillion World Reserve Digital Dollar Opportunity

Michael Saylor Raves About the U.S.’s $10 Trillion World Reserve Digital Dollar Opportunity

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