US Treasury Bills – DIGIT INFO

Cantor Fitzgerald agreed to acquire 5% stake in Tether for $600M: Report

DIGIT — Sun, 24 Nov 2024 04:30:14 +0000

The report comes four days after Cantor Fitzgerald’s CEO Howard Lutnick was appointed as President-Elect Donald Trump’s Secretary of Commerce.

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RWA Startup Hamilton Tokenizes US Treasury Bills on Bitcoin L2 Solutions

DIGIT — Thu, 04 Jul 2024 21:25:29 +0000

Hamilton has announced the tokenization of U.S. Treasury bills on Bitcoin’s layer two (L2) platforms, stating that it marks a significant advancement in bridging traditional finance with Bitcoin’s decentralized finance (defi) sector. The move aims to enhance financial accessibility and liquidity within the Bitcoin ecosystem. U.S. Treasury Bills Tokenized on Bitcoin’s L2s Hamilton, a startup […]

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

DIGIT — Thu, 13 Oct 2022 22:30:52 +0000

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

DIGIT — Mon, 03 Oct 2022 20:30:35 +0000

On 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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