Posts Tagged ‘commercial promissory notes’

Tether has ceased to be backed by commercial promissory notes

Most of the reserves of the USDT stablecoin are now US Treasury securities. According to the company, these are the safest and most liquid assets on the market Tether has announced that it has completely withdrawn commercial securities (promissory notes, unsecured short-term debt instruments issued by private companies) from the security of the Tether (USDT)…

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