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New Auditor for Stablecoin Issuer Tether Confirms Slashing of Commercial Paper Holdings

BDO Italia said the holdings fell 58% to $8.5 billion at the end of the most recent quarter.

Updated May 11, 2023, 4:16 p.m. Published Aug 19, 2022, 12:55 p.m.
Tether Chief Technology Officer Paolo Ardoino (Twitter/Bitfinex, modified by CoinDesk)
Tether Chief Technology Officer Paolo Ardoino (Twitter/Bitfinex, modified by CoinDesk)