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Tether Holdings Ltd., the issuer of the largest stablecoin in the world, said Thursday that it has cut its commercial paper holdings to zero and replaced them with U.S. Treasury bills.
Commercial paper or short-term IOUs are short-term, unsecured debt issued by companies usually to meet short-term liabilities.
Markets Financial Regulation Agency considers biggest overhaul of stock-market structure since mid-2000s Source link
Markets Finance Financial Products unit filing for bankruptcy in step toward final shutdown Source link
After a year of rising interest rates, higher prices and volatile markets, financial advisers say […]