Tether has disclosed how it has phenomenal measures put in place to ensure that it will never risk the integrity of its reserves. The firm aims to remain in absolute transparency of its reserves. How ...
Tag: Tether
Tether Says It Liquidated a Bitcoin Loan Made to Crypto Lender Celsius
Tether today announced that it has liquidated a loan to crypto lending firm Celsius. The stablecoin issuer did not specify the dollar value of the loan but said that it managed to settle up with the e...
Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company – Coinotizia
On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Te...
Tether Liquidates Crypto Used As Collateral by Controversial Digital Asset Lending Project
Stablecoin issuer Tether (USDT) says it has liquidated assets used as collateral by beleaguered crypto lending platform Celsius Network (CEL). Tether notes in a new announcement that its portfolio inc...
Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company – Bitcoin News
On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Te...
Tether reveals how it returned funds to Celsius following liquidation
On June 15, Paolo Ardoino, CTO of Tether and Bitfinex, disclosed that Tether had liquidated a loan given to Celsius “without loss.” Tether has confirmed the liquidation process and revealed that it “r...
Tether liquidates Celsius position with ‘no losses’ to stablecoin issuer
Tether’s Bitcoin (BTC)-denominated loan to Celsius Network has been fully liquidated without a loss, easing concerns that the stablecoin issuer may have oversized exposure to the embattled crypto lend...
Tether says it liquidated Celsius loan at no loss
Tether, the issuer of the world’s largest stablecoin USDT, has reportedly liquidated the loan advanced to struggling crypto lender Celsius. According to the firm, its liquidation of the overcollateral...
Tether [USDT]: Whales and what a new 3-year low means for the stablecoin
The current state of the cryptocurrency market can be best described with the help of falling dominoes. First, it was the collapse of the algorithmic stablecoin TerraUSD [UST], sowing turbulence in th...
Will Tether USDT be overtaken by USDC as it declines?
4 hours ago | 2 mins read Altcoin News USDT market cap dropped below $70 billion. The number of significant accounts holding USDT has decreased. After Terra’s collapse Tether (USDT) became the largest...
This Is Why Cryptocurrency Market Can’t Go Up: Tether Whales’ Supply
Arman Shirinyan Cryptocurrency market needs rise of this metric before we will be able to see recovery There are many factors that directly affect the performance of digital assets on the cryptocurren...
Tether (USDT) Whale Wallets Hit 3-Yr Low, What Does It Mean?
Ongoing aversion to Tether (USDT), the largest stablecoin, appears to have spread into its largest wallets, new data shows. Data from blockchain analytics firm Santiment shows that addresses holding b...
USD Coin (USDC) Stablecoin Challenges Tether (USDT) Supremacy: Comprehensive Guide
Amid the carnage on the cryptocurrency markets, more and more investors are increasing the share of stablecoins in their portfolios. As such, the right moment has come to study the features of USD Coi...
USDC closing in on Tether
USDC’s market capitalization is getting closer to that of USDT (Tether). USDC and Tether are getting ever closer Circle’s stablecoin is increasingly becoming a dangerous rival to USDT In fact, USDT h...
Circle’s USDC on track to topple Tether USDT as the top stablecoin in 2022
The growth of Circle’s native stablecoin USD Coin (USDC) in the last two months compared to its $66-billion rival giant Tether (USDT) is nothing short of spectacular. USDT, USDC market cap ratio...
Investors Still Cautious About Holding Tether While Short-Sellers Bets Against The Biggest Stablecoin
Despite assurances from Tether, the leading stablecoin, that a large amount of reserves backs it and all operations are going perfectly, the market seems unassured. However, data from a liquidity pool...
Peter Brandt: There Is No Way I Would Hold Assets in Tether (USDT)! – Coinpedia – Fintech & Cryptocurreny News Media
The recent increase in the value of the U.S. dollar is causing large investors to withdraw from the cryptocurrency market, as evidenced by last week’s institutional net flows. Investors withdrew from ...
Institutions short Tether amid concerns over stablecoin’s reserves
Short selling on the USDT stablecoin has increased despite Tether assuring the community that its reserves are fully backed. The Chief Technology Officer at Tether, Paolo Ardoino, had posted a thread ...
Will Tether Be Able To Prove Its Stability Amid Investor Abandonment?
Tether (USDT) ‘s claim that it can sustain market-wide withdrawal is not doing well among investors. According to statistics from Curve, the largest DeFi stablecoin exchange, Tether’s greatest liquid...
Veteran Trader Peter Brandt Says There Is “No Way” He Would Hold Assets in Tether
– Advertisement – Peter Brandt Says He Cannot Imagine Putting Money In Tether After So Much Going On With USDT. Peter Brandt, a seasoned trader, discusses a new report that was published o...
Investors Continue on Dumping Tether Despite Assurances by Company
Tether short sellers are on the rise despite the company’s repeated assurances that its reserves are fully backed. A so-called liquidity pool that allows traders to swap between the three biggest stab...
Tether Short Selling Continues, What Happens If The Largest Stablecoin De-pegs?
– Advertisement – Tether Short Selling Continues, What Happens If The Largest Stablecoin De-pegs? Data on Curve’s 3pool, where users can swap between stablecoins USDT, USDC, and DAI, showe...
How Stable Is Tether? Data Shows USDT At Massive Liquidity Imbalance
The Tether stablecoin (USDT) appears to have failed in convincing investors that it is able to handle mass redemptions in the market. Data from Curve- the largest DeFi stablecoin exchange- shows that ...
Tether Shorters Amass While Crypto Investors Continue to Dump USDT
Tether short-sellers are building in numbers as investors dump liquidity, despite reassurances from the stablecoin firm that its reserves are fully-backed. A liquidity pool allowing swaps between the ...
Tether Cuts Down Its Commercial Paper Reserves By 58% – crypto.news
The Stablecoin issuer has confirmed the reduction of its commercial paper reserves, addressing the speculations of lack of support for its USDT token. Tether Seeks to Tackle Quality With Reduction of ...
Tether Aims to Render More Transparency by Slashing Commercial Paper Holdings
Based on continuous efforts to decrease its commercial paper portfolio for transparency purposes, Tether revealed that it would slash its holdings by $5 billion by the end of July. In a statement, Tet...
Tether getting rid of all commercial paper
The stablecoin company Tether said on Friday that it is reducing its holdings of commercial paper as planned. The stablecoin issuer said last month that it will be getting rid of all of its commercial...
Tether to Cut Commercial Paper Holdings to Less Than $4 Billion
Tether, the firm behind the number one stablecoin, USDT, announced that it would reduce its commercial paper holdings to $3.5 billion by the end of this month. The issuer announced that $5 billion of ...
Tether sharply reduced commercial paper holdings
Tether, the company behind the USDT stablecoin, has reduced its commercial paper holdings in line with its plans for the same. In an announcement released on July 1, Tether said it had reached the tar...
Tether continues to reduce commercial paper in sharp reduction since March
Tether is reducing its commercial paper holdings on pace with plans, the stablecoin company reported Friday. It has reached the target sum of $8.4 billion in commercial paper, as per intentions first ...
Tether reducing commercial paper holdings down to $3.5 billion by end-July
Tether said July 1 that it is further reducing its commercial paper portfolio. This latest reduction will the stablecoin issuer’s commercial paper assets drop to a low of $3.5 billion from its current...