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Tether's First Reserve Breakdown Shows Token 49% Backed by Unspecified Commercial Paper

The new composition report is part of Tether’s efforts to stay in compliance with a settlement with the New York Attorney General.

Tether's USDT is a key piece of plumbing for the roughly $2 trillion global crypto market.
Tether's USDT is a key piece of plumbing for the roughly $2 trillion global crypto market.