Tether (USDT), the stablecoin issuer with the world’s largest market share, announced that it has reduced its financing bills to less than $50 million in reserves.
Tether CTO Paolo Ardoino On October 3, via his social media account. in his postTether’s reserves as promised financing bills instead, it is more secure and liquid. to US treasury bills He stated that he had passed.
Company 1 July in its reserves against its investors and users on 8.5 billion dollar bonds to 0 announced that they were planning to download it. Since then, for the purposes financial bond sales as of today, the weight of the total financing bill below $50 million announced.
Unsecured receivables The weight of the financing bills in Tether reserves is especially the Chinese financing bills. collapse subsequently worried investors. However, experts are now worried about Tether’s risk. that you don’t need is thinking.