Tether’s Reserve Attestations: Commercial Paper Down, Treasurys Up

<p><em><span style="font-weight: 400;">This episode is sponsored by</span></em> <a href= "https://nexo.io/buy-crypto?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_may22"> <em><span style= "font-weight: 400;">Nexo.io</span></em></a><em><span style= "font-weight: 400;">,</span></em> <a href= "https://near.org/?utm_source=Breakdown%20Podcast&utm_medium=Podcast"> <em><span style="font-weight: 400;">NEAR</span></em></a> <em><span style="font-weight: 400;">and</span></em> <a href= "https://ftxusapp.onelink.me/LKX9/breakdown"><em><span style= "font-weight: 400;">FTX US</span></em></a><em><span style= "font-weight: 400;">.</span></em><span style= "font-weight: 400;"> </span></p> <p> </p> <p><span style="font-weight: 400;">Tether has released its Q1 reserve attestations. On today’s episode, NLW covers what many in the industry are seeing as positive shifts. He also looks at some recent regulatory news, including the SEC and CFTC increasing enforcement actions. </span></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><a href= "https://nexo.io/buy-crypto?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_may22"> <strong><em>Nexo</em></strong></a> <em><span style= "font-weight: 400;">is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head over to</span></em> <a href= "https://nexo.io/buy-crypto?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_may22"> <em><span style="font-weight: 400;">nexo.io</span></em></a> <em><span style="font-weight: 400;">and get started now. </span></em></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><a href= "https://near.org/?utm_source=Breakdown%20Podcast&utm_medium=Podcast"> <strong><em>NEAR</em></strong></a> <em><span style= "font-weight: 400;">is a blockchain for a world reimagined. Through simp