Top Stablecoin Tether Cuts Unsecured Assets By About 60% On Crypto Crash

Tether, the world's largest stablecoin, said on Friday it had cut its commercial paper holdings by around 58 per cent as part of an earlier commitment to reduce its exposure to riskier assets.

from NDTV Profit - Latest https://ift.tt/pGV2ylA
Tether, the world's largest stablecoin, said on Friday it had cut its commercial paper holdings by around 58 per cent as part of an earlier commitment to reduce its exposure to riskier assets.

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