Tether (USDT), one of the world’s largest stablecoin issuers, announced that it has replaced all of its financing bills in its treasury with US treasury bills.
Tether Holding Limited October 13 In a statement published on its official website on financing bills instead of removing US treasury bills announced their addition. at the beginning of July 3.5 billion the weight in the reserves of the financing bills that it has reduced to USD. to 0 The company, which has committed to its investors that it will reduce fulfilled its commitment it happened.
In the update published in September, the financing bills 50 million The company that managed to get it under the dollar October 10 financing bills as of 0‘Looks like it.
Company, in June 2021 As Chinese real estate companies grapple with the liquidity crisis to Chinese financing bills He was criticized for allegedly possessing Tether claims by refusing financing bonds in reserves. trustworthy However, in order to increase liquidity, financial bonds have recently been all had promised to remove it from its reserves.
