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Tag: largest stablecoin

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The new Tether FUD? The largest stablecoin in the world held reserves of Chinese securities

Briefly the inclusion of Chinese securities by Tether in its reserve portfolio is confirmed by documents released by the Attorney General of New York. Tether insists that the banking sector was its primary exposure to Chinese commercial paper. The issuer also insists that it did not lose any money last year and had zero commercial…
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