July 1 (Reuters) - Tether, the world's largest stablecoin, said on Friday it had cut its commercial paper holdings by around 58% as part of an earlier commitment to reduce its exposure to riskier assets. Stablecoins - a variety of cryptocurrencies designed to keep a steady value - are in sharp focus after the collapse of the TerraUSD token in May. Usually underpinned by reserves of assets such as the...
