Stablecoin issuer Tether said it reduced its commercial paper holdings in the first quarter of this year to improve the quality of its reserves. Tether reported today that it had reduced its commercia...
Tag: commercial
Tether Cuts Commercial Paper Reserve by 17% for Q1 2022
Tether announced that it slashed its commercial paper holdings over the first quarter to $20 billion, plans an additional 20% reduction. Tether recently reported that it reduced its commercial paper h...
Tether Cuts 17% Of Its Commercial Paper Holdings Over Q1 2022
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 wi...
Tether reduces commercial paper – The Cryptonomist
Tether reaffirms that USDT issued are fully collateralized, with a significant 17% reduction in commercial paper among them and an increase in US Treasury bonds instead. Tether’s off-chain collaterali...
New Tether Report Shows 17% Reduction in Commercial Paper
A week after its stablecoin briefly lost its 1:1 peg with the U.S. Dollar, Tether’s Q1 2022 assurance report shows it has reduced the commercial paper in its USDT reserves by 16.8%. As of March ...
Tether Cut Commercial Paper Reserve by 17% in Q1, Accountants Say
The majority of this $20.1 billion (around $18 billion) is comprised of A-1 and A-2 paper, which qualify as investment grade, according to the report. A list of ratings agencies grading the commercial...
Tether Has Cut Commercial Paper Holdings Backing Stablecoin by 50%: CTO
During a recent Twitter Spaces event discussing stablecoins and the recent crypto volatility, Tether CTO Paolo Ardoino said that the stablecoin provider had cut the amount of commercial paper backing ...
Mark Cuban: Smart Contracts’ Commercial Use Would Be The Driving Force For Crypto Sphere
Mark Cuban recently expressed his views regarding smart contracts’ commercial utilization and their potential. We have not seen the utilization of smart contracts to enhance business profi...
Commercial smart contract adoption next market driver — Mark Cuban
Billionaire investor Mark Cuban has tipped commercial smart contract adoption as the next catalyst to drive the crypto and blockchain sector. The Dallas Mavericks owner and crypto proponent was commen...
Deko Names Melanie Vala as New Chief Commercial Officer
Fintech platform Deko recently announced the expansion of its team with the appointment of Melanie Vala as Chief Commercial Officer (CCO). In her new role, Vala will drive the company’s growth strateg...
These 3 top REITs let you invest in high-quality, inflation-fighting commercial real estate without millions of dollars — and you can own them today
These 3 top REITs let you invest in high-quality, inflation-fighting commercial real estate without millions of dollars — and you can own them today Here’s a hard lesson that many new investors have l...
Ukraine fallout will extend long rally in commercial insurance prices
The economic fallout from Russia’s war in Ukraine will provide fresh impetus to a multiyear rally in the price of commercial insurance cover, industry experts have warned. The global price of commerci...
India will allow commercial use of the RBI digital currency from 2023
India’s finance minister has indicated that the government is exploring several commercial use cases of its digital currency. The Reserve Bank of India (RBI) will issue a new digital currency labelled...
India Exploring Commercial Uses for Central Bank Digital Currency, Says Finance Minister – Regulation Bitcoin News
The Indian government is exploring “several commercial use purposes and not just financial inclusion” for its central bank digital currency. India’s finance minister clarified that the aim is for the ...
Bink Names Jose Jimenez Mancha as Chief Commercial Officer
To expand its global presence with new strategic partnerships, Bink recently announced the appointment of Jose Jimenez Mancha as Chief Commercial Officer. Mancha has broad experience in the banking an...
Boeing posts loss as it grapples with delays on commercial, defense programs
A Boeing Co. Dreamliner 787 plane with AirEuropa livery moves past the company’s final assembly facility in North Charleston, South Carolina, U.S., on Tuesday, Dec. 6, 2016. Travis Dove | Bloomb...
Will boost transparency and reduce commercial paper holdings: Tether’s CTO
Tether’s chief technical officer stated that the company would continue to reduce its commercial debt holdings while also increasing transparency around the reserves that back its USDT stablecoin. Why...
French Montana Is ‘Big Comfy’ Bubbling Up With Canada Dry
French Montana sipping a cool, delicious Canada Dry Ginger Ale. His chain’s ice. His hair’s tight. … [+] He’s got his ginger ale, so everything’s alright alright alright....
Tether plans to reduce commercial debt holdings in its reserve, goes live on Kusama
The leading stablecoin issuer, Tether, is looking to further reduce its commercial debt holdings, according to Tether and Bitfinex CTO Paolo Ardonio. “Over time, we will keep reducing the commercial ...
Tether to shrink commercial paper holdings for USDT reserves
Tether, the issuer of the USDT stablecoin, has announced plans to reduce its short-term corporate debts used to back the value of USDT. USDT is a stablecoin whose value is pegged to $1, and its price ...
Tether Promises to Continue Cutting Commercial Paper Holdings
In brief Tether is a stablecoin pegged to the U.S. dollar. It’s backed by U.S. dollars as well as a slew of other holdings, including tokens, bonds, and commercial debt. For years, stablecoin is...
Tether to Reduce Holdings of Commercial Debt in USDT Reserves
Tether’s chief technology officer, Paolo Ardoino, said the company will reduce its commercial debt holdings, speaking to CNBC on April 13 at the Paris Blockchain Week Summit. The world’s largest stabl...
Tether to Cut Its Commercial Paper Holdings
Alex Dovbnya Tether intends to further reduce the share of commercial paper in the reserves that back its USDT stablecoin Tether, the issuer of the largest centralized stablecoin of the same name, pla...
Tether’s CTO Says It Will Reduce Commercial Paper Holdings
Key Takeaways Tether’s CTO Paolo Ardoino told CNBC that the stablecoin issuer would continue to reduce its commercial debt holdings. He also said that Tether would improve the transparency of it...
Tilray Brands and Hexo sign definitive commercial and financial partnership agreement
Tilray Brands Inc. (NASDAQ: TLRY) has announced a financial and commercial partnership definitive agreement with Hexo Corp (NASDAQ: HEXO). This strategic partnership creates a collaboration deal for p...
Thailand to Protect Commercial Banks From ‘Unforeseen’ Crypto Risk
Thailand will restrict the role of its commercial banks in crypto to protect them from unforeseen risk, the central bank said. The Bank of Thailand said banks should limit their investment in digital-...
CrowdStreet To Launch 5 New Commercial Real Estate Offerings This Week With 12% to 20% Target Annualized Returns
The real estate investment platform CrowdStreet has five new offerings going live this week that have target annualized returns ranging from 12% to 20.2% and target hold periods from three to five yea...
This Report Could Unleash The Potential Of Commercial Drones
This picture taken on October 11, 2021 in the Israeli coastal city of Herzliya shows unmanned aerial … [+] vehicles (UAV, or drones) carrying fast food deliveries during a press presentation as ...
Yuga Labs Obtains Cryptopunks and Meebits Brands, Gives Commercial Rights to NFT Holders – Bitcoin News
On Friday, Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, announced the company acquired the intellectual property behind the Cryptopunks and Meebits b...
The Hidden Lebron James NFT Drop You Probably Missed In This Year’s Super Bowl Commercial (And Why It Might Be Problematic)
Two days ago—nearly a month after Crypto.com aired their “Moment of Truth” ad featuring Lebron James advising his younger self during the Super Bowl—the company revealed that 5,550 exclusive NFTs had ...