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Tether slashes commercial paper by 21% in latest reserves attestation Tether’s cash and bank deposits also dropped 42%…
Tether slashes commercial paper by 21% in latest reserves attestation
Tether’s cash and bank deposits also dropped 42% to 4.187 billion, while its allocation to money market funds increased 200% to $3 billion, and its treasury bills grew 77.6% to $34.52 billion.