All posts in stable coin
Our stablecoin is now backed in part by non-US Government bonds- Tether
Tether, the issuer of the stablecoin, has claimed that its stablecoin is partially backed by non-US Government bonds. In its recent “attestation” report, the company equally said its holdings of U.S. Treasurys grew from 13% to $39.2 billion in the 2022 first quarter. For the amount of commercial paper, Tether fell from 17% to $20.1 […]