Tether Condemns ‘False Information,’ Denies Holding Any Chinese Commercial Paper in New Statement

Tether Condemns ‘False Information,’ Denies Holding Any Chinese Commercial Paper in New Statement


The Daily Hodl
2022-07-27 18:41:18

Stablecoin issuer Tether wants to debunk rumors that they hold Chinese commercial paper as backing for (USDT) In a new statement by the company, Tether says that it does not hold any Chinese paper, and such “false information” is a threat to the industry. The company also notes it eventually plans on reducing its total […]The post Tether Condemns ‘False Information,’ Denies Holding Any Chinese Commercial Paper in New Statement appeared first on The Daily Hodl.