Print
Tether Slashes Commercial Paper to Zero

Today, Tether announced that it has eliminated commercial paper from its reserves, replacing these investments with U.S. Treasury Bills (T-Bills). This announcement comes as part of Tether’s ongoing efforts to increase transparency, with investor protection at the core of the management of Tethers’ reserves. Reducing commercial papers to zero demonstrates Tether’s commitment to backing its tokens with the most secure reserves in the market. This is a step towards even greater transparency and trust, not only for Tether but for the entire stablecoin industry.

Tether has led the industry in transparency releasing attestations every three months, constantly reviewing the make up of its reserves. In the last quarters Tether reduced its exposure to commercial paper holdings constantly and without any losses. On July 1, the Company shared an update on its progress in further reducing its commercial paper portfolio to a low of $3.5B, which was on track with Tether's commitment to the community. On September 30th, the company announced it was below $50M in commercial paper holdings. 

Today, the goal to bring the figure down to zero has been fulfilled.

latest news

Tether Provides Update on Transition Plan for Legacy Blockchains

29 August 2025 – Tether, the largest company in the digital asset ecosystem, today announced an update to its transition plan for five legacy blockchains: Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. More than a year ago, in July 2024, Tether announced plans to wind down support by ceasing redemptions and freezing USD₮ […]

Learn more
Tether to Launch USD₮ on RGB, Expanding Native Bitcoin Stablecoin Support

28 August, 2025 – Tether, the largest company in the digital assets industry, today announced plans to launch USD₮ on RGB, a next-generation protocol for issuing digital assets on Bitcoin. RGB recently reached mainnet with its 0.11.1 release and has been designed to make Bitcoin more than just a store of value. By enabling private, […]

Learn more
Assange Family, Rumble CEO Chris Pavlovski, Twenty One Capital Jack Mallers, and former White House Crypto Advisor Bo Hines Among Headliners for Fourth Annual Plan ₿ Forum in Lugano

22 August, 2025 – Tether, the largest company in the digital asset industry, and the City of Lugano today unveiled the line-up of renowned thought leaders who will gather in Lugano for the fourth annual Plan ₿ Forum on October 24–25, 2025. Building on the success of 2024’s record-breaking event, which drew around 2,900 participants […]

Learn more
Read all news