Tether Confirms Slashing of Commercial Paper Holdings

BDO Italia said that Commercial Paper Holdings had dropped by 58% to $8.5 billion at the end of the last quarter. BDO Italia has confirmed stablecoin issuer Tether’s consolidated reserves report, which showed a 58 percent quarterly drop in commercial paper holdings to $8.5 billion as of June 30.Tether also confirmed that it still expects […]
