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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)$68,502.00-0.75%
  • ethereumEthereum(ETH)$2,008.58-1.31%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.41-0.11%
  • binancecoinBNB(BNB)$623.83-0.94%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$83.82-0.45%
  • tronTRON(TRX)$0.276593-0.55%
  • dogecoinDogecoin(DOGE)$0.092876-1.26%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.33%
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  • bitcoinBitcoin(BTC)$68,502.00-0.75%
  • ethereumEthereum(ETH)$2,008.58-1.31%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.41-0.11%
  • binancecoinBNB(BNB)$623.83-0.94%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$83.82-0.45%
  • tronTRON(TRX)$0.276593-0.55%
  • dogecoinDogecoin(DOGE)$0.092876-1.26%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.33%