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Stablecoin Issuer Tether Increases US Treasury Portfolio, Cuts Commercial Paper Holdings to Below $50M

The firm had said it plans to bring its commercial paper holdings to zero by the end of the year.

By Parikshit Mishra
Updated May 9, 2023, 3:58 a.m. Published Oct 3, 2022, 10:37 a.m.
Tether's Chief Technology Officer Paolo Ardoino (Tether)
Tether's Chief Technology Officer Paolo Ardoino (Tether)