[ad_1] <br><div><p>LONDON (Reuters) - The biggest stablecoin, Tether, elevated its holdings of U.S. Treasury payments to $39.7 billion and decreased its business paper to round $50 million as of Sept. 30, 2022, in response to a reserves attestation revealed on Thursday.</p><p>Tether stated its reserves are "extraordinarily liquid" with 82% of investments in money, money equivalents and different short-term deposits. Treasury payments make up over 58% of the entire $68 billion in reserves, Tether stated.</p><p>(Reporting by Elizabeth Howcroft; Enhancing by Gareth Jones)</p></div> <br>[ad_2] <br><a href="https://news.google.com/__i/rss/rd/articles/CBMiRGh0dHBzOi8vZmluYW5jZS55YWhvby5jb20vbmV3cy90ZXRoZXItc2F5cy1ob2xkcy0zOS03LTE4MjI1MjYzMi5odG1s0gFMaHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9hbXBodG1sL25ld3MvdGV0aGVyLXNheXMtaG9sZHMtMzktNy0xODIyNTI2MzIuaHRtbA?oc=5">Source link </a>
Tether says it holds $39.7 billion in U.S. Treasury Bills
[ad_1] LONDON (Reuters) - The biggest stablecoin, Tether, elevated its holdings of U.S. Treasury payments to $39.7 billion and decreased its business paper to round $50 million as of Sept. 30, 2022, in response to a reserves attestation revealed on Thursday.Tether stated its reserves are "extraordinarily liquid" with 82% of investments in money, money equivalents and different short-term deposits. Treasury payments make up over 58% of the entire $68 billion in reserves, Tether stated.(Reporting by Elizabeth Howcroft; Enhancing by Gareth Jones) [ad_2] Source link
