{"id":82852,"date":"2022-10-14T00:11:18","date_gmt":"2022-10-14T04:11:18","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=82852"},"modified":"2022-10-13T23:58:18","modified_gmt":"2022-10-14T03:58:18","slug":"tether-worlds-biggest-stablecoin-cuts-its-commercial-paper-holdings-to-zero","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2022\/tether-worlds-biggest-stablecoin-cuts-its-commercial-paper-holdings-to-zero.html","title":{"rendered":"Tether, world\u2019s biggest stablecoin, cuts its commercial paper holdings to zero"},"content":{"rendered":"\n<p>(CNBC) Tether, the world\u2019s largest stablecoin, has slashed back its commercial paper holdings to zero, replacing them with U.S. Treasury bills instead, <a rel=\"noreferrer noopener\" href=\"https:\/\/tether.to\/en\/tether-slashes-commercial-paper-to-zero\/\" target=\"_blank\">according to a blog post<\/a>. The popular U.S.-dollar-pegged cryptocurrency said the move is part of tether\u2019s \u201congoing efforts to increase transparency\u201d and back its tokens with \u201cthe most secure reserves in the market\u201d \u2014 in the ultimate hope of ensuring investor protection.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/10\/13\/tether-worlds-biggest-stablecoin-cuts-commercial-paper-to-zero.html\">To read this article:<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Tether, the world\u2019s largest stablecoin, has slashed back its commercial paper holdings to zero, replacing them with U.S. Treasury bills instead, according to a blog post. The popular U.S.-dollar-pegged cryptocurrency said the move is part of tether\u2019s \u201congoing efforts [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82852","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=82852"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82852\/revisions"}],"predecessor-version":[{"id":82853,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82852\/revisions\/82853"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=82852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=82852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=82852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}