Commercial Paper

Short term debt issued between companies.

See counterparty risk.


  1. Venkataramakrishnan, Siddharth, and Joe Rennison. 2021. ‘Tether’s Commercial Paper Disclosure Places It among Global Giants’. Financial Times, 10 June 2021.
  2. Faux, Zeke. n.d. ‘Crypto Mystery: Where’s the $69 Billion Backing the Stablecoin Tether?’ Bloomberg. Accessed 22 March 2022.
  3. Peebles, Gustav. 2020. ‘Banking on Digital Money: Swedish Cashlessness and the Fraying Currency Tether’. Cultural Anthropology 36 (1): 1–24.
  4. Bennet, Tomlin. n.d. ‘Tether and Bitfinex Introduction’. Accessed 2 March 2022.
  5. Krugman, Paul. 2018. ‘Transaction Costs and Tethers: Why I’m a Crypto Skeptic’. The New York Times 21.
  6. Castor, Amy. 2021. ‘The Curious Case of Tether: A Complete Timeline of Events’.
  7. Griffin, John M, and Amin Shams. 2020. ‘Is Bitcoin Really Untethered?’ The Journal of Finance 75 (4): 1913–64.