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Here's an article from CoinDesk on this:

BDO Italia has reaffirmed stablecoin issuer Tether's consolidated reserves report that showed a 58% quarterly decline in commercial paper holdings to $8.5 billion as of June 30.

New Auditor for Stablecoin Issuer Tether Confirms Slashing of Commercial Paper Holdings
https://www.coindesk.com/business/2022/08/19/new-tether-auditor-confirms-slashing-of-commercial-paper-holdings
https://archive.ph/xGf8Y

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0 sats \ 0 replies \ @allark 19 Aug 2022 -2 sats

WARNING

Cryptocoin is an anti-bitcoin subversive and child-rapist.