Tether Denies Claims of Asian Commercial Paper Backing, Exposure to Three Arrows Capital

2022-6-16 11:32

Stablecoin issuer Tether has denied that its commercial paper portfolio is 85% backed by Chinese or Asian commercial papers.

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Tether (USDT) на Currencies.ru

$ 1 (-0.01%)
Объем 24H $45.438b
Изменеия 24h: -0.02 %, 7d: 0.04 %
Cегодня L: $0.9997 - H: $1.0006
Капитализация $111.436b Rank 3
Цена в час новости $ 0.9987 (0.13%)

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Coronavirus Crisis Could Propel Bitcoin to Replace the Dollar as the World’s Reserve Currency

The Federal Reserve Board announced Tuesday the establishment of a Commercial Paper Funding Facility (CPFF) to support the flow of credit to small businesses and households. With further volatility expected in the traditional markets due to Coronavirus fears, it could provide the right opportunity for Bitcoin to step in on the dominance of the American […] The post Coronavirus Crisis Could Propel Bitcoin to Replace the Dollar as the World’s Reserve Currency appeared first on BeInCrypto.

2020-3-19 08:10