Key Takeaways Tether has published its Consolidated Reserves Report along with attestation from the independent auditing firm MHA Cayman. The report shows Tether’s consolidated assets exceeding ...
Tag: USDT
Implosion Of Tether Is Closer Than Ever! Fears Over USDT Downfall Loom
Tether’s USDT market valuation has decreased by nearly $9 billion after Terra’s UST meltdown. The market saw a dramatic sell-off last week as a result of the collapse of Terra’s UST stablecoin, with U...
Tether (USDT) Supply Plummets To $74 Bln, Will It Crack Under Pressure?
Tether (USDT), the world’s largest stablecoin, saw its total supply fall sharply this month as more investors traded the token in for dollars. The trend comes in the wake of one of the worst crypto cr...
Stablecoin Preferences See A Shift From USDC To USDT! Here Is Why – Coinpedia – Fintech & Cryptocurreny News Media
Yesterday, the 17th of May, the cryptocurrency market was in green with Bitcoin and other major cryptocurrencies trading positively. However, this bullish trend didn’t last for long as the bearish tre...
Is Tether’s USDT Going to Pull a UST? Probably Not
Key Takeaways Following Terra’s UST collapse, Tether’s USDT market cap has dropped by over $9 billion. The recent redemptions of USDT for dollars have led some to once again question the c...
Crypto Crash Marked by the Reclamation of $7.6B of Tether (USDT) Stablecoins – crypto.news
More and more digital investors are skeptical about the crypto crash, prompting them to cash out all their crypto assets. Since the crypto crisis began, investors have reclaimed funds totaling $7.6 bi...
Investors Remove $7 Billion from Tether Within 48 Hours, Fearing USDT May Lose Its Peg
Yuri Molchan $7 billion has been removed from USDT as investors fear that Tether may go the way of UST Contents $7 billion removed from USDT Tether is fully backed: Paolo Ardoino As reported by CNBC, ...
Tether (USDT) redemptions fuel fears about stablecoin’s backing
Tether has faced repeated calls for a full audit of its reserves. Justin Tallis | AFP via Getty Images Investors have withdrawn more than $7 billion from tether since it briefly dropped from its dolla...
Tether Increases U.S. Treasuries Exposure Amid USDT Dump
Gamza Khanzadaev Increase in treasuries exposure comes along with concurrent cut of commercial papers According to Tether CTO Paolo Ardoino’s statement made during a Twitter Spaces chat on May 1...
Whales Dump $710 Million Worth of Tether in Fear of De-Peg, USDT Trades at $1
Arman Shirinyan Even large cryptocurrency investors felt psychological pressure on their USDT holdings According to the most recent data from Santiment, whales have been actively selling their USDT ho...
Bitcoin (BTC) hits $27000, smart investors buy Gnox (GNOX) Presale and USDT, Here’s Why
It’s a nightmare week for cryptocurrency investors as the sell-off continues. Bitcoin plummeted to its lowest valuation since December 2020, with significant gains wiped away from major altcoins...
UST to USDT: Here’s what caused largest 1-day dump in USDT’s addresses
The ongoing cryptocurrency crash has injected a chaotic sentiment within the investors. The steep decline saw $200 billion in value wiped out in a single day. Bitcoin alone fell to below $25,000 on th...
Fearing a de-peg, Whales Dump $710 Million Worth of Tether (USDT)
Whales have been actively dumping their USDT holdings on the market after the danger of a de-pegging, according to the most current statistics from Santiment. The price of USDT briefly fell to $0.97 y...
Investors Make For Stablecoin Hills As USDT Volume Touches All-Time High
With the market in turmoil, crypto investors are beginning to turn to stablecoins such as USDT and USDC to provide cover from losses. These stablecoins which are pegged to the U.S. dollar have been th...
Tether Plans To Transfer More Than 1B USDT From Tron To Ethereum And Avalanche
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Tether (USDT) stablecoin regains peg after $3 billion in withdrawals
Tether has long faced questions over whether it has enough assets to justify its peg to the dollar. Tiffany Hagler | Bloomberg via Getty Images Tether, the world’s largest stablecoin, regained i...
Tether (USDT) Close To Recovering Peg Despite Rising Redemptions
The largest stablecoin in the cryptocurrency world scared the already panicked market when its lost its dollar pegged value. It went down to slip as low as $0.9455 cents. However, it has now recovered...
Tether (USDT) to Enlist Third-Party Help to Transition from TRC20 to Ethereum and Avalanche
Tomiwabold Olajide Tether (USDT) to engage third-party in chain swap from TRC20 to Ethereum and Avalanche Tether (USDT), the biggest stablecoin in terms of market value, has announced it was performin...
Binance Warns It Will Delist Terra’s LUNA If It Falls Below 0.005 USDT
Binance warned Thursday that it would delist the LUNA/Tether trading pair if LUNA’s price fell below 0.005 Tether, or about half a penny. Shortly after Binance sent its tweet, Terra shut down its enti...
Tether USDT wobbles, triggering market anxiety
The cryptocurrency market has been in turbulence this week. Due to declining prices, billions of dollars worth of cryptocurrencies have been liquidated from the market. The collapse of Terra LUNA and ...
Tether (USDT) at $0.96, But You Shouldn’t Worry About De-Peg
Arman Shirinyan Tether is being pushed down heavily as the panic on the crypto market aggravates Contents Is Tether mimicking UST’s faith? Not the first run for Tether Following the turmoil on t...
Tether to move over 1B USDT from Tron to Ethereum and Avalanche
Following recent developments in the sphere of stablecoins, Tether (USDT) has announced that it’s coordinating a chain swap to transfer USDT assets from Tron’s TRC-20 to Ethereum and Avalanche’s block...
Tether’s Ardoino Backs USDT While Stablecoins Depegging Continues! What Next ? – Coinpedia – Fintech & Cryptocurreny News Media
The year 2022 isnt been very favorable for the cryptocurrency market, especially the month of April and May. Now in just a few days, the cryptocurrency market has suffered more losses following Terra ...
As TerraUSD [UST] careens out of control, is Tether [USDT] headed the same way
When the market crashes, investors usually watch Bitcoin with frantic eyes – but everything is different this time. A Terra-fying saga is in progress, which saw Terra [LUNA] lose more than 95% of its ...
Tether Makes $1 Bln Swap To Support The USDT Peg, Here’s How
Tether announced on Thursday it will coordinate with a third party to perform a chain swap for raising more than 1 billion USDT while keeping the total supply the same. Tether plans to use Tron TRC20 ...
Is Tether (USDT) Following Terra’s UST In Losing Its Dollar Peg?
Tether (USDT), the world’s largest stablecoin, appears to be under extreme liquidation pressure amid the ongoing crypto crash. The token is down 4.8% to 0.9508- its lowest level since the 2017 crypto ...
Tether (USDT) losses dollar peg after the recent stablecoin drama with Terra’s UST
Tether (USDT) has become the next stablecoin to suffer from the ongoing stablecoin fiasco that started with TerraUST de-pegging from the US Dollar. USDT traders were treated to a scare after the price...
Tether (USDT) Loses Peg As Mayhem in Stablecoin Continues
Tether (USDT) lost its dollar parity on Thursday as UST’s debacle sent shockwaves across the stablecoin market amid serious sell pressure in the wider industry. According to CoinMarketCap, the slump h...
Largest stablecoin Tether (USDT) briefly depegs as market plummets
The world’s largest stablecoin lost its peg briefly on Thursday amid extremely volatile conditions in the cryptocurrency market. USDT momentarily depegged to $0.95 but has recovered to $0.9921 during ...
You can redeem Tether USDT 1:1 on tether.to but there’s a catch
The crypto market is in turmoil, and many are looking to cash out of their stablecoins amid unprecedented volatility. After UST lost its peg earlier this week, USDT is now struggling to retain its dol...
Tether (USDT) stablecoin drops below $1 peg
Crypto firm Tether has been reducing the amount of commercial paper in its reserves. Jakub Porzycki | Nurphoto | Getty Images Tether, the world’s largest stablecoin, broke below its $1 peg Thurs...
Tether’s USDT Stablecoin Loses Peg Amid UST Disaster
Key Takeaways Tether’s USDT has lost its peg to the dollar. USDT briefly traded as low as $0.95 before recovering to $0.99. Several other stablecoins are trading above their $1 target, while UST...