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...
Tag: TBills
Tether Says USDT Stablecoin Now Backed by T-Bills
As of Thursday, the stablecoin issuer’s holdings no longer include commercial paper, firm says Backing has reportedly shifted to more secure US Treasury Bills, short-term government-issued debt Tether...
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 ...
The Best Bang for Your Buck May Not Be Short T-Bills
Volumes and fund flows into short duration Treasury bill funds have soared in the past week as investors seek protection against rising interest rates. Those safe havens, however, may pose big risks o...
Warren Buffett Loves T-Bills. You Should Consider Them.
Warren Buffett, chairman and CEO of Berkshire Hathaway, has $75 billion in Treasury bills. Saul Loeb/AFP via Getty Images Text size Warren Buffett parks most of Berkshire Hathaway’s cash in ultra-safe...
Bill Gross Favors T-Bills Over Stocks, Bonds as Recession Looms Large
(Bloomberg) — Bill Gross has one piece of advice for those looking to buy dips in bonds, stocks and commodities: just don’t. Most Read from Bloomberg The former bond king said one-year Treasury ...