Commercial paper is a type of short-term investment instrument issued by corporations in order to cover certain types of debt liabilities. Corporations issue commercial paper when they need to cover ...
— -- Commercial paper, typically a wallflower in financial markets, is being thrust to center stage on concerns these supposedly bullet-proof investments are suffering from the credit crunch.
Major stablecoin issuer Tether has reiterated that the company plans to completely rid itself of commercial paper backing for its U.S.-dollar stablecoin USDT. In a blog post on Wednesday, Tether said ...
Over the past few years, we have seen growing interest in Commercial Paper (CP) programmes with a sustainable focus. Traditionally used by corporations, financial institutions, sovereigns, and other ...
Tether is also looking to become more transparent, having hired a new accounting firm to conduct regular audit and attestation reports to ensure its stablecoin is properly backed by USD. Stablecoin ...
JPMorgan has completed a $50 million commercial paper issuance for Galaxy Digital Holdings on the Solana blockchain, marking one of the earliest transactions in which a major Wall Street bank has ...
LAVAL, QC, April 28, 2025 /PRNewswire/ - Alimentation Couche-Tard Inc. (ATD:CA), announced today that it has amended its U.S. commercial paper program (the "U.S. Commercial Paper Program"), initially ...
Tether, the issuer of the world’s largest stablecoin USDT by market cap, announced on October 13, 2022 that it has “eliminated commercial paper from its reserves, replacing these investments with U.S.
The Fed and Treasury is considerig entering the commercial paper market, made up of unsecured corporate IOUs extended over a short period of time. We examine just how risky the unprecedented move is.
Tether has reduced its commercial paper holdings by $6.2 billion over the last quarter in 2021, according to its latest attestation report. The largest stablecoin issuer by total supply cut its assets ...