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Tether continues to reduce commercial paper in sharp reduction since March

The stablecoin issuer announced its intentions of removing all commercial paper from its reserves last month as it countered rumors, and it remains on schedule so far.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Tether continues to reduce commercial paper in sharp reduction since March

The stablecoin issuer announced its intentions of removing all commercial paper from its reserves last month as it countered rumors, and it remains on schedule so far.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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