Tether Has Cut Commercial Paper Holdings Backing Stablecoin by 50%: CTO
During a Twitter Spaces event, Tether CTO Paolo Ardoino revealed that Tether had reduced its commercial paper holdings by 50%.
Original source
Read on DecryptRelated market context
Rob Hadick Warns Tether and Circle Face Rising Pressure From New Stablecoins
Dragonfly General Partner Rob Hadick believes stablecoins are entering a new phase. While USDT and USDC remain dominant today, he...
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
NEURA Robotics raises $1.4B to build global data collection facilities, with Tether leading the charge
NEURA's initiative could revolutionize robotics and stablecoin use, potentially reshaping economic transactions and data collectio...
Tether’s Brief Flip of Ether in Value Gives Crypto a Reality Check
Tether's USDT briefly overtook Ether in market value for a few hours, highlighting the growing dominance of stablecoins in crypto....
THE THIRD RUSH: Where is the “Bitcoin” of the Ai Goldrush?
After months of deep thinking & a lot of discussions with some very smart people, I’ve decided to write an article for the first t...
Tether’s Brief Overtaking of Ether in Value Signals Crypto Market Stress
USDT briefly surpassed Ether in market cap last weekend, signalling investor flight to safety amid Bitcoin's worst week since FTX...