Attestation
Tether commercial paper exposure now under $50M, says CTO
Stablecoin issuer Tether (USDT) has nearly completely slashed its commercial paper holdings, with less than $50 million worth of commercial paper units as of Sept. 30, 2022. Tether CTO Paolo Ardoino made the announcement in an Oct. 3 tweet, adding also that Tether’s United States Treasury bills increased to 58.1% of its total portfolio, up 25.1% from its Jun. 30 figure of 43.5%. #tether portfolio update. Tether as of 30 September 2022 holds ~58.1% of its assets in US t-bills. Up from 43.5% on June 30 2022.CP exposure is < 50M now.@Tether_to — Paolo Ardoino (@paoloardoino) October 3, 2022 Commercial papers are short-term debt instruments issued by companies, which are often used to finance various business operations, while treasury bills are claimed to be more stable than commercial pap...
APC group commends President Buhari, security agents for ‘decimating’ IPOB
The All Progressives Congress (APC) Legacy Awareness and Campaign has commended President Muhammadu Buhari and federal security agents for decimating separatist group Indigenous People of Biafra (IPOB). The group, in a statement issued by the quartet of Barr Ismail Ahmed, Lanre Issa-Onilu, Tolu Ogunlesi and Salihu Moh Lukman, claimed that the country will in the next few months witness even more progress on all fronts. ‘On security, the fear that has gripped the nation in recent times is receding while confidence is being renewed as the security agencies are chasing down the criminals, taking the battle to the bandits, unknown gunmen, kidnappers, and other criminal elements who have been holding the country by the jugular and turning Nigeria to a killing field,’ the group stated. ‘From the...
