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[ad_1] In accordance with guarantees it made earlier this 12 months, prime stablecoin issuer Tether (USDT) has begun to slash its business paper holdings. Within the second quarter of 2022, Tether decreased its business paper holdings from $20 billion to $8.5 billion, a lower of greater than 58%, in keeping with a brand new report from the corporate. The report was accomplished with a member agency of BDO, one of many greatest public accounting networks on the planet. Industrial papers are unsecured promissory notes with mounted maturity dates primarily issued by massive establishments to acquire funds for his or her...
