The digital asset issuer has denied reports that 85% of its portfolio comes from Asian markets and has a current trading level of 30%.
Tether has warned users at greatest risk of being affected, they also added in the warning:
"These rumors are completely untrue and are likely to spread widely, it could cause more panic in order to generate more profits from a market that has been tense for a long time."
There have been concerns surrounding Tether's stockpiling of the U.S. dollar with the aim of covering the entire usdt in circulation today.
In recent years, Tether's has changed its trend while the company has previously said that its stablecoins are 100% supported in U.S. dollars.
There are suggestions that USDT is being supported by a combination of coupons, cash deposits, U.S. Treasury bills, and other investments in cryptocurrencies.
Tether is continuing to decline its current portfolio of votes – this figure will likely reach $8.4 billion by the end of this month.
"There won't be any losses when this number gradually drops to zero."
However, Tether is also looking to reduce the possible impact from the wars engulfing Celsius and the Three Arrows Capital.
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