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Tether aims to decrease commercial paper backing of USDT to zero

June 15, 2022 by DIGIT
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Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it.

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Categories Banks, Cryptocurrencies, Dollar, Fiat Money, Tether, United States
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  • bitcoinBitcoin(BTC)$88,770.000.79%
  • ethereumEthereum(ETH)$3,022.351.57%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$855.550.75%
  • rippleXRP(XRP)$1.92-0.45%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$125.860.48%
  • tronTRON(TRX)$0.2879461.69%
  • staked-etherLido Staked Ether(STETH)$3,022.761.65%
  • dogecoinDogecoin(DOGE)$0.1320770.82%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$88,770.000.79%
  • ethereumEthereum(ETH)$3,022.351.57%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$855.550.75%
  • rippleXRP(XRP)$1.92-0.45%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$125.860.48%
  • tronTRON(TRX)$0.2879461.69%
  • staked-etherLido Staked Ether(STETH)$3,022.761.65%
  • dogecoinDogecoin(DOGE)$0.1320770.82%