web3/concepts/commercial-paper.md

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# Commercial Paper
Short term debt issued between companies.
See [counterparty risk](counterparty-risk.md).
## References
1. Venkataramakrishnan, Siddharth, and Joe Rennison. 2021. Tethers Commercial Paper Disclosure Places It among Global Giants. Financial Times, 10 June 2021. https://www.ft.com/content/342966af-98dc-4b48-b997-38c00804270a.
1. Faux, Zeke. n.d. Crypto Mystery: Wheres the $69 Billion Backing the Stablecoin Tether? Bloomberg. Accessed 22 March 2022. https://www.bloomberg.com/news/features/2021-10-07/crypto-mystery-where-s-the-69-billion-backing-the-stablecoin-tether.
1. Peebles, Gustav. 2020. Banking on Digital Money: Swedish Cashlessness and the Fraying Currency Tether. Cultural Anthropology 36 (1): 124. https://doi.org/10.14506/ca36.1.01.
1. Bennet, Tomlin. n.d. Tether and Bitfinex Introduction. Accessed 2 March 2022. https://bennettftomlin.com/2021/08/08/tether-and-bitfinex-introduction/.
1. Krugman, Paul. 2018. Transaction Costs and Tethers: Why Im a Crypto Skeptic. The New York Times 21.
1. Castor, Amy. 2021. The Curious Case of Tether: A Complete Timeline of Events. https://amycastor.com/2019/01/17/the-curious-case-of-tether-a-complete-timeline-of-events/.
1. Griffin, John M, and Amin Shams. 2020. Is Bitcoin Really Untethered? The Journal of Finance 75 (4): 191364.