• Advertise With Us
  • Risk Warning
  • Contact us
Newsletter
U2fx
Advertisement
  • Home
  • Markets
    • North America
    • Europe
    • Asia
    • Middle East
    • Latin America
    • Africa
  • Business
    • Precious metals
    • Economy
    • Energy
    • Technology
    • Investment
  • Crypto
    • Currency List
    • Events
    • Exchanges
    • Wallets
    • Mining
  • NFT
  • Forex
    • Latest News
    • Market overview
    • Strategies Overview
    • Regulated Brokers
    • Fx Calendar
  • Signals
  • Trading
    • CFD trading
    • Crypto trading
  • Upcoming Currencies
  • Academy
  • Charts
  •  
No Result
View All Result
  • Home
  • Markets
    • North America
    • Europe
    • Asia
    • Middle East
    • Latin America
    • Africa
  • Business
    • Precious metals
    • Economy
    • Energy
    • Technology
    • Investment
  • Crypto
    • Currency List
    • Events
    • Exchanges
    • Wallets
    • Mining
  • NFT
  • Forex
    • Latest News
    • Market overview
    • Strategies Overview
    • Regulated Brokers
    • Fx Calendar
  • Signals
  • Trading
    • CFD trading
    • Crypto trading
  • Upcoming Currencies
  • Academy
  • Charts
  •  
No Result
View All Result
U2fx
No Result
View All Result

U2fx > Business > Investment > Tether aims to decrease commercial paper backing of USDT to zero

Tether aims to decrease commercial paper backing of USDT to zero

0360804@gmail.com by [email protected]
June 15, 2022
in Investment
0
Tether aims to decrease commercial paper backing of USDT to zero

The major stablecoin company Tether is looking to eventually get rid of commercial paper backing for its United States dollar-based stablecoin Tether (USDT).

Tether issued an official statement on Wednesday to deny reports alleging that Tether’s commercial paper portfolio is 85% backed by Chinese or Asian commercial papers and is being traded at a 30% discount.

USDT’s backing asset breakdown. Source: Tether’s assurance opinion released in May 2022
Tags: aimsbackingcommercialdecreaseInvestmentpapertetherusdt.zero
Share76Tweet47

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

January 11, 2022

Futures rise as Omicron worries ease

December 23, 2021

Best Coins to Invest in for Strong Returns in 2022

January 11, 2022

Enterprise Ethereum Alliance Appoints First Executive Director

March 28, 2022
The Orkney Islands are where the energy revolution begins

The Orkney Islands are where the energy revolution begins

3
Stocks Markets crash in North America on Ukraine trouble

Stocks Markets crash in North America on Ukraine trouble

1
Wanhubaidian Electronic Digital Technology Co., Ltd. and Axis Technologies Group Inc. have formed a strategic alliance

Wanhubaidian Electronic Digital Technology Co., Ltd. and Axis Technologies Group Inc. have formed a strategic alliance

1
As investors assess recent inflation data, the Canadian dollar rises.

As investors assess recent inflation data, the Canadian dollar rises.

1
Tether aims to decrease commercial paper backing of USDT to zero

Tether aims to decrease commercial paper backing of USDT to zero

June 15, 2022
Cardano Wins Poll For Protocols With Best NFT Community

Cardano Wins Poll For Protocols With Best NFT Community

June 15, 2022

Bitcoin Dragging in the direction of $40K as Surging Oil Prices.

June 15, 2022

5 Must-Have Things to Know About the Indian Stock Market: Sensex Inches Closer to 50K

May 26, 2022
220-01

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

About Us
  • About
  • Contact us
  • F.A.Q
  • Terms
  • Privacy
  • Announcements
Products
  • Advertise with us
  • Signals
  • Academy
  • Affiliates
  • Brokers
Newsletter

Stay on top of the ever-changing world of Trading market & cryptocurrency, subscribe now.

  • About
  • Contact Us
  • Privacy
  • Terms
  • Advertise with us
  • F.A.Q
  • Support
  • sitemap

©2022 U2FX Media News

No Result
View All Result
  • Home
  • Markets
    • North America
    • Europe
    • Asia
    • Middle East
    • Latin America
    • Africa
  • Business
    • Precious metals
    • Economy
    • Energy
    • Technology
    • Investment
  • Crypto
    • Currency List
    • Events
    • Exchanges
    • Wallets
    • Mining
  • NFT
  • Forex
    • Latest News
    • Market overview
    • Strategies Overview
    • Regulated Brokers
    • Fx Calendar
  • Signals
  • Trading
    • CFD trading
    • Crypto trading
  • Upcoming Currencies
  • Academy
  • Charts
  •  

© 2020 - 2021 Trading community by U2FX.