Stablecoin issuer Tether has revealed that its issuance policy has ensured that its USDT stablecoin is unaffected by the FTX-Alameda crisis.
Solana Loses $1 Billion in USDT to Ethereum in Tether Chain Swap
Stablecoin issuer Tether today announced a $1 billion chain swap to convert USDT it had on the Solana blockchain to the Ethereum blockchain. The announcement comes as Solana, which just weeks ago …
Tether Says Crypto Exchanges Disabling USDC, USDT Transactions Over ‘Heavy Connections With FTX, Alameda, Solana’
Multiple exchanges disabled deposits and withdrawals for Solana-based Tether (CRYPTO: USDT) and USD Coin (CRYPTO: USDC) on Thursday. What Happened: Tether, in a blog post, said, “the move to suspend …
Crypto Investors Shun Tether For USD Coin During Periods Of Market Turmoil
If USDC is gaining market share, another asset must be losing it. Right now that appears to be tether (USDT USDT), the largest stablecoin by market capitalization, at $67 billion. Over the last week, …
Confusion Abounds As Binance and OKX Suspend Support for USDC, USDT on Solana, Then Backpedal
Binance subsequently resumed deposits for Tether’s USDT on Solana, while OKX reworded an original statement saying it delisted the tokens.
Binance Temporarily Suspends USDT, USDC Deposits On The Solana Blockchain, Resumes Later
Cryptocurrency exchange Binance on Thursday temporarily suspended deposits of the stablecoins USDC (CRYPTO: USDC) and USDT (CRYPTO: USDT) on the Solana blockchain “until further notice,” but resumed a …
Crypto Exchanges Binance and OKX Suspend Support for Solana Versions of USDT, USDC Stablecoins
Binance and OKX suspended support for the Solana blockchain versions of the two largest stablecoins – Circle’s USDC and Tether’s USDT – the exchanges announced separately in blog posts on Thursday.
Binance Temporarily Suspends Deposits of USDC, USDT on Solana
Binance has yet to provide an explanation for the move, which has been mirrored by other major crypto exchanges.
Binance, OKX and Bybit suspend USDT and USDC deposits on Solana
Major cryptocurrency exchanges continue to carry out measures in the aftermath of FTX collapse, now halting deposits in Solana-based Tether (USDT) and USD Coin (USDC). Binance announced on Nov. 17 …
Binance pauses customer deposits of stablecoins Tether and USD Coin without explanation
Crypto markets have entered a new period of volatility amid the collapse of FTX, the world’s second-largest cryptocurrency exchange.
Tether Confirms ‘Zero Exposure’ To Genesis Global, Gemini Earn After Crypto Lenders Halt Withdrawals
Stablecoin issuer Tether (CRYPTO: USDT) said on Wednesday that it had no exposure to institutional cryptocurrency lender Genesis or the Gemini Earn program, which have halted withdrawals. What …
Tether says it has no exposure to Genesis Global or Gemini Earn
Tether, operator of the USDT stablecoin, has issued reassurances that it has no exposure to firms that have recently frozen withdrawals, and its reserves remain stable.
Tether (USDt) transactions made easy on one of the oldest crypto exchange platforms
Tether (USD₮) is an asset-backed cryptocurrency stablecoin. Stablecoins are cryptocurrencies that try to ensure price stability and …
Tether blacklists $31.4M USDT following FTX’s alleged hack, Musk reacts
By blacklisting the alleged stolen USDT token, Tether disarmed hackers from siphoning the assets to another account or exchanging them for other cryptocurrencies.
Tether Blacklists Mysterious FTX Wallets as Account Drainer Liquidates MATIC, LINK, AVAX Holdings
The entity behind mysterious fund movements related to FTX crypto wallets has started liquidating token holdings from various networks.Over $12 million in chainlink (LINK) tokens were sold in early …
From NFTs to Tether, FTX users are trying everything they can to get their money off the crypto exchange
FTX users have been desperately trying to get their funds out, including through NFT purchases and Tether withdrawals.
Tether stablecoin loses its dollar peg as contagion from FTX’s collapse spreads through the crypto market
Despite reassurances from founders of the stablecoin, Tether has continued to push back its timeline on being audited by an independent firm.
Tether Freezes FTX USDT At The Request of Law Enforcement
“During periods of market volatility, the trading price for USDT that is quoted on exchanges may fluctuate. This happens because there is more demand for liquidity than exists on …
What We Know—And Don’t Know—About Tether’s Books
After falling and rebounding Thursday, the stablecoin company released its latest quarterly report.
Tether says it holds $39.7 billion in U.S. Treasury Bills
The largest stablecoin, Tether, increased its holdings of U.S. Treasury bills to $39.7 billion and reduced its commercial paper to around $50 million as of Sept. 30, 2022, according to a reserves …
Tether Dominates Curve’s 3pool Liquidity With DAI, USDC Accounting for Just 15%
Tether accounts for 85% of the total liquidity in Curve’s 3pool. While the stablecoin is seeing some volatility, the price remains firmly near the 1:1 U.S. dollar peg, …