2023-9-6 23:20 |
Tether’s CTO, Paolo Ardoino, reveals that the company bought more US Treasury bills than the United Arab Emirates, Australia, Japan, and Mexico. In a post on X (formerly Twitter), Ardoino highlights that Tether’s current hold in the US Treasury bills… origin »
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The amount of exposure places Tether in the top 22 biggest holders of U.S. Treasury bills, ranking above countries like Spain, Mexico, Australia and the United Arab Emirates.
2023-9-5 16:51 | |
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Tether strategically accumulates $72. 5 billion in US Treasury bills, securing a top position globally. Amid China's accelerated sell-off of U. S. debt, Tether's stablecoin, USDT, offers an inflation hedge in emerging markets.
2023-9-5 14:15 | |
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Tether has emerged as one of the top buyers globally of US Treasury bills, with a commanding exposure of $72.5 billion, according to a recent post by Paolo Ardoino, CTO of Tether. This development places the USDT stablecoin issuer in the global top 22, ranking above nations like the “United Arab Emirates, Mexico, Australia, and […] The post Tether now a top global buyer of US Treasury bills amid market turmoil appeared first on CryptoSlate.
2023-9-5 11:02 | |
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Tether has released its latest reserves attestation for USDT, with its excess reserves increasing to $3.3 billion.
2023-8-1 17:06 | |
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The Central Market supplies over 12 million people per month in Argentina. The move will allow companies to accept and pay bills with USDT.
2023-5-20 00:45 | |
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The accounting firm BDO Italia has performed a quarterly assurance on the Consolidated Reserves of Tether Holdings Limited and its wholly-owned subsidiaries as of 30th September 2022. According to its report, Tether Group’s consolidated assets exceed its consolidated liabilities.
2022-11-16 17:51 | |
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Tether has lowered its holdings of commercial paper to zero and replaced them with U.S. Treasury bills.
2022-10-15 16:00 | |
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Tether has successfully ditched the entirety of its commercial paper holdings in favor of U.S. Treasury Bills, which could now make up approximately 56.3% of the companys total reserves. The...
2022-10-14 22:21 | |
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The company has been gradually replacing its commercial paper holdings with U.S. Treasury bills.
2022-10-14 20:00 | |
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Tether CTO Paolo Ardoino has announced a 14.6% increase in Treasury bills and lower commercial paper holdings since June 2022. The post Tether Slashes Commercial Paper, Increases Treasury Bill Holdings in Latest Portfolio Update appeared first on BeInCrypto.
2022-10-4 22:42 | |
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Insider information on Tether’s reserve revealed that as of September 30, the shadlecoin issuer had increased its United States Treasury bills to 58. 1% of its reserves while reducing its commercial paper exposure to below $50 million.
2022-10-4 17:02 | |
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A curated weekly summary of forward-focused crypto news that matters. This week, digital asset markets tank as Fed Chairman says significant interest rate rises are coming, progress on bipartisan crypto bills are paused because of upcoming US midterms, and Tether announces a new monthly reporting schedule.
2022-8-29 15:01 | |
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Stablecoin issuers Tether, Circle and others hold more short-term U.S. Treasury Bills than Berkshire Hathaway.
2022-8-26 21:30 | |
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USDT issuer Tether is shifting its reserves away from commercial paper to low-risk U.S. treasury bills. Tether Cuts Paper Asset Reserves Tether is reducing its commercial paper reserves. The USDT...
2022-7-2 20:53 | |
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As per the official report published on May 18, Tether, the issuer of the world’s most used stablecoin, USDT, has cut 17% of its commercial paper holdings and increased United States Treasury bills with this reserve amount to back its stablecoin, USDT.
2022-5-21 17:00 | |
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Cryptocurrency exchange Woo X has launched a product that allows retail customers to invest in tokenized U.S. Treasury bills, marking a first in the sector.