2023-9-5 16:51 |
The amount of exposure places Tether in the top 22 biggest holders of U.S. Treasury bills, ranking above countries like Spain, Mexico, Australia and the United Arab Emirates. origin »
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Tether, the company behind the prominent stablecoin USDT, holds $72. 5 billion worth of US Treasury bills (T-bill). This development was revealed initially in the company’s assurance report for Q2 2023.
2023-9-6 22:00 | |
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Tether has emerged as one of the top buyers globally of US Treasury bills, with a commanding exposure of $72.5 billion, according to a recent post by Paolo Ardoino, CTO of Tether. This development places the USDT stablecoin issuer in the global top 22, ranking above nations like the “United Arab Emirates, Mexico, Australia, and […] The post Tether now a top global buyer of US Treasury bills amid market turmoil appeared first on CryptoSlate.
2023-9-5 11:02 | |
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Tether has released its latest reserves attestation for USDT, with its excess reserves increasing to $3.3 billion.
2023-8-1 17:06 | |
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The Central Market supplies over 12 million people per month in Argentina. The move will allow companies to accept and pay bills with USDT.
2023-5-20 00:45 | |
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The accounting firm BDO Italia has performed a quarterly assurance on the Consolidated Reserves of Tether Holdings Limited and its wholly-owned subsidiaries as of 30th September 2022. According to its report, Tether Group’s consolidated assets exceed its consolidated liabilities.
2022-11-16 17:51 | |
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Tether has lowered its holdings of commercial paper to zero and replaced them with U.S. Treasury bills.
2022-10-15 16:00 | |
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Tether has successfully ditched the entirety of its commercial paper holdings in favor of U.S. Treasury Bills, which could now make up approximately 56.3% of the companys total reserves. The...
2022-10-14 22:21 | |
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The company has been gradually replacing its commercial paper holdings with U.S. Treasury bills.
2022-10-14 20:00 | |
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Tether CTO Paolo Ardoino has announced a 14.6% increase in Treasury bills and lower commercial paper holdings since June 2022. The post Tether Slashes Commercial Paper, Increases Treasury Bill Holdings in Latest Portfolio Update appeared first on BeInCrypto.
2022-10-4 22:42 | |
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Insider information on Tether’s reserve revealed that as of September 30, the shadlecoin issuer had increased its United States Treasury bills to 58. 1% of its reserves while reducing its commercial paper exposure to below $50 million.
2022-10-4 17:02 | |
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A curated weekly summary of forward-focused crypto news that matters. This week, digital asset markets tank as Fed Chairman says significant interest rate rises are coming, progress on bipartisan crypto bills are paused because of upcoming US midterms, and Tether announces a new monthly reporting schedule.
2022-8-29 15:01 | |
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Stablecoin issuers Tether, Circle and others hold more short-term U.S. Treasury Bills than Berkshire Hathaway.
2022-8-26 21:30 | |
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USDT issuer Tether is shifting its reserves away from commercial paper to low-risk U.S. treasury bills. Tether Cuts Paper Asset Reserves Tether is reducing its commercial paper reserves. The USDT...
2022-7-2 20:53 | |
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As per the official report published on May 18, Tether, the issuer of the world’s most used stablecoin, USDT, has cut 17% of its commercial paper holdings and increased United States Treasury bills with this reserve amount to back its stablecoin, USDT.
2022-5-21 17:00 | |
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Tether has reportedly rolled back plans to raise as much as $20 billion in a funding round that would have positioned the stablecoin issuer as one of the most valuable private companies in the world. Tether CEO Paolo Ardoino downplayed…
Tether expands MiniPay integration with USDT and XAUT to expand stablecoin access in emerging markets.
Stablecoin issuer Tether has released its open-source Bitcoin mining operating system, MiningOS (MOS), positioning the software to simplify and scale mining operations while supporting greater decentralization across the sector.
Tether has open-sourced its Bitcoin mining operating system, aiming to make mining operations easier and more accessible for operators of all sizes. The announcement was made by Tether chief executive officer Paolo Ardoino on Feb. 3, who said the company’s…
Singapore Gulf Bank has announced a new service that lets institutions mint, trade and convert stablecoins to fiat within a single regulated platform. According to a press release shared with crypto.
Компания Universal Digital Intl объявила о запуске первого в Объединенных Арабских Эмиратах (ОАЭ) стейблкоина, обеспеченного долларом США (USDU) и получившего официальное одобрение властей.
Tether has built the world’s largest non-sovereign gold hoard in a Swiss bunker, buying more than a ton a week to harden USDT and XAUT against fiat risk. Tether’s quiet march into the physical gold market has moved from curiosity…