Originally published at: Tether to Reduce Holdings of Commercial Debt in USDT Reserves (cryptopotato) – We Never See Nothing
Tether’s chief technology officer, Paolo Ardoino, said the company will reduce its commercial debt holdings, speaking to CNBC on April 13 at the Paris Blockchain Week Summit. The world’s largest stablecoin is currently backed by a mixed bag of commercial debt holdings, cash, and cryptocurrencies, but it has yet to produce a full official audit…