Tether, the business that issues stablecoins, has decreased the amount of commercial paper it holds to zero.
Has replaced it with US Treasury notes, the company revealed in a blog post on Thursday.
Tether stated that the elimination of commercial papers "demonstrates Tether's commitment to backing its tokens with the most secure reserves in the industry."
According to a tweet from Tether Chief Technology Officer Paolo Ardoino earlier this month.
The company's holdings in U.S. Treasury securities made up 58.1% of its overall portfolio as of September 30, up from 43.5% at the end of June.
Tether hasn't said how much of its current portfolio is made up of U.S. Treasury bonds in its most recent post.