Tether’s Bold Move: Shrinking Bank Deposits and Expanding Reserves
Tether Holdings pulls $4.5B from banks, boosting market cap and reserves while enhancing transparency amidst scrutiny.
Tether Adjusts Reserves: Cutting Commercial Paper in Favor of Treasury Bills
Tether reports a significant cut in commercial paper holdings, boosting investments in U.S. Treasury bills to bolster confidence in USDT stability.