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Tether Reduces Commercial Paper Holdings Almost 60% as It Tackles Quality Concerns

The USDT issuer's market cap has fallen to $66.1 billion from $82.2 billion in two months.

Tether Chief Technology Officer Paolo Ardoino.  (Twitter/Bitfinex, modified by CoinDesk)
Tether Chief Technology Officer Paolo Ardoino. (Twitter/Bitfinex, modified by CoinDesk)