Advertisement     In a tweet on October 13, stablecoin issuers Tether announced that it had reduced its commercial paper holdings to zero to ensure secure and liquid r...
Tag: commercial
Limit Break Bought a Commercial Spot for its Blockchain Game
Limit Break has bought a commercial ad, starring its blockchain NFT game, DigiDaigaku for SUPERBOWL LVII. On February 12th 2023, around 50 Million people will be watching live in support of the DigiDa...
Tether Slashes Commercial Paper to Zero
Alex Dovbnya Tether has made good on its good promise to get rid of commercial paper by the end of the year Stablecoin issuer Tether has reduced the share of commercial paper in its reserves to zero, ...
Tether Cuts USDT Commercial Paper Reserves To Zero
The post Tether Cuts USDT Commercial Paper Reserves To Zero appeared first on Coinpedia Fintech News On October 13, Tether declared that it has reduced its holdings of commercial paper to zero and wil...
Fed Governor Christopher Waller is against US CBDC; Tether gets rid of commercial paper reserves
The biggest news in the cryptoverse for Oct. 14 includes Tether reducing commercial paper reserves to zero, Bitcoin surging above $19,000 following a decline after CPI data and Mango Markets voting to...
Top Stablecoin Tether (USDT) Slashes $30,000,000,000 in Commercial Paper Holdings, Buys Up U.S. Treasury Bills
Top stablecoin issuer Tether (USDT) is completing its goal of eliminating commercial paper holdings from its reserves before the end of 2022. The firm says it has finally cut its commercial paper inve...
Tether reduces commercial paper exposure to zero, replaces investments with T-Bills
Stablecoin issuer Tether Holdings Limited has unwound its exposure to commercial paper, addressing a long-standing item of contention among detractors who’ve criticized the quality of its reserves. I...
Tether reduces commercial paper reserves for USDT to zero
Stablecoin issuer Tether has eliminated commercial papers from its USDT reserve, according to its latest reserve update. Tether announced on Oct. 13 that it has cut its commercial paper to zero and wi...
Tether Cuts $30 Billion Of Commercial Paper From Reserves
The world’s largest stablecoin, Tether, completed a significant milestone today, announcing that it had slashed its commercial paper holdings to zero. According to a blog post, the commercial paper ho...
Tether abandons commercial paper in favor of US Treasuries
Tether announced that it recently reduced its holdings of commercial paper to zero. In lieu of commercial paper, Tether is increasingly backed by US Treasuries instead. When Tether provided its first ...
Tether Eliminates Commercial Paper From Reserves in Transparency Push
Tether has completely eliminated commercial paper from its reserves. The largest stablecoin announced the milestone today in a blog post that it would replace those investments with U.S. Treasury Bill...
Stablecoin Issuer Tether Now Holds Zero Commercial Paper
Stablecoin issuer Tether has revealed that it now holds zero commercial paper after months of gradually reducing its commercial debt holdings for its reserve assets. The development comes less than t...
Tether Eliminates All Commercial Paper Holdings to Zero
Tether Limited Inc., the company behind USDT stablecoin, announced on Thursday that it has reduced its commercial paper holdings to zero, replacing them with U.S. Treasury bills. Commercial paper is a...
Stablecoin Issuer Tether Fulfills Promise by Reducing Commercial Paper Holdings Down to Zero – Bitcoin News
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 ...
Tether Ditches Commercial Paper Reserves for T-Bills
Key Takeaways Tether has shrunk its commercial paper holdings to zero. U.S. Treasury Bills now make up the majority of Tether’s reserves. So far, Tether’s increased transparency hasn’t helped it shed ...
California Misses The Target On Commercial Property
California’s efforts to use commercial property for housing doesn’t hit the target. getty I won’t ever claim to be an expert in real estate; such a designation requires years of experience...
Tether’s commercial paper holding slashed to under $50 million
Join Our Telegram channel to stay up to date on breaking news coverage Tether has recently seen a number of important changes, including the efforts to become more transparent, an increase in the numb...
Tether Strives To Regain Community Trust, Slashes Commercial Paper Holdings
In an effort to increase transparency, Tether has recruited a new accounting company to undertake routine audits and attestation reports to guarantee that its stablecoin is appropriately backed by US ...
Tether Boosts US Treasury Holdings Behind USDT, Further Reducing Commercial Paper
Tether, the crypto firm behind USDT stablecoin, on Monday, announced that it has increased its holding of U.S. Treasuries to 58.1% of its total portfolio while reducing its commercial paper holding to...
Tether Increases Treasury Bill Holdings, Cuts Commercial Paper
According to the company’s latest portfolio update, Tether has further reduced its commercial paper holdings and increased its treasury bill holdings. The reduction in the company’s commercial debt i...
Tether commercial paper exposure now under $50M — CTO
Stablecoin issuer Tether has nearly completely slashed its commercial paper holdings, with less than $50 million worth of commercial paper units as of Sept. 30, 2022. Tether chief technology officer P...
Tether Slashes Commercial Paper, Increases Treasury Bill Holdings in Latest Portfolio Update
Tether CTO Paolo Ardoino has announced a 14.6% increase in Treasury bills and lower commercial paper holdings since June 2022. Paolo added that Tether’s transparency report page will be updated in 45 ...
Tether Reduces Commercial Paper Exposure Under $50M
9 hours ago | 2 mins read Altcoin News The company intends to completely liquidate all of its commercial paper assets. Tether has been preparing to submit financial records to the New York Court. Teth...
Tether Further Slashes Commercial Paper Holdings, Increases US Treasury Portfolio
Major stablecoin issuer Tether has further reduced its commercial paper holdings to less than $50 million, with more than half of its backing in US Treasury Bills. The continuous reduction in Tether’s...
Tether reduces commercial paper exposure to below $50M, Treasury bills rise to 58.1% of reserve
Insider information on Tether’s reserve revealed that as of Sept. 30, the shadlecoin issuer had increased its U.S. Treasury bills to 58.1% of its reserves while reducing its commercial paper exposure ...
Speedchain Partners with Mastercard to Modernize Commercial Debit and Credit Payments
Leveraging Mastercard technology, Speedchain members will be able to utilize new payment options designed to promote speed and security ATLANTA–(BUSINESS WIRE)–Speedchain Inc., a fintech focused on re...
A digital euro would not be used for commercial purposes, ECB’s Lagarde says
A digital euro issued by the European Central Bank (ECB) “will not be used for commercial purposes,” according to Christine Lagarde, the central bank’s president. The ECB provides “the guarantee that ...
Digital Euro Would Not be Used for Commercial Purposes: Christine Lagarde
Christine Lagarde, the President of the European Central Bank (ECB), has given her word that the proposed Central Bank Digital Currency (CBDC) for the region dubbed the Digital Euro will not be used f...
AI Is Coming For Commercial Art Jobs. Can It Be Stopped?
“Is AI Coming For Commercial Art?” rendered by Stable Diffusion, prompted by Rob Salkowitz Rob Salkowitz Earlier this summer, a piece generated by an AI text-to-image application won a pri...
Rivian Stock Jumps. It Will Make All-Electric Commercial Vehicles With Mercedes.
Text size Rivian makes electric delivery vans for Amazon. Mustafa Hussain/Getty Images Rivian Automotive and Mercedes-Benz will partner to build all-electric commercial vehicles. Investors didn’t expe...
Mercedes-Benz, Rivian partner on EV commercial vans in Europe
Production of electric Amazon delivery vans on April 11, 2022 at Rivian’s plant in Normal, Ill. Michael Wayland / CNBC Mercedes-Benz and Rivian said Thursday they are planning a joint venture to...