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#Tether (USDT)

News about the stablecoin Tether (USDT).

Tether helps Binance move $3bn USDT from Tron to Ethereum
ForkLog 12 14.12.2022

Tether helps Binance move $3bn USDT from Tron to Ethereum

The issuer of the stablecoin Tether assisted the cryptocurrency exchange Binance in a cross-chain transfer of 3 billion USDT from Tron to Ethereum.
AI translated
Coinbase invites retail customers to convert USDT to USDC
ForkLog 18 09.12.2022

Coinbase invites retail customers to convert USDT to USDC

Coinbase launched a campaign to shift the bitcoin exchange's retail customers from Tether (USDT) to a reliable and trusted stablecoin, USD Coin (USDC). The platform will waive the conversion fee.
AI translated
Tether launches CNH₮ stablecoin pegged to offshore yuan on the TRON network
ForkLog 12 06.12.2022

Tether launches CNH₮ stablecoin pegged to offshore yuan on the TRON network

Tether released CNH₮ on the TRON blockchain, pegged to the offshore Chinese yuan.
AI translated
Tether calls WSJ article on USDT lending 'hypocrisy'
ForkLog 20 02.12.2022

Tether calls WSJ article on USDT lending ‘hypocrisy’

The issuer Tether (USDT) called the WSJ article dedicated to the stablecoin 'hypocrisy of the media, asleep at the wheel' by journalists noting that the company increasingly issues loans in the stablecoin, which could lead to a crisis in the event of a bank run.
AI translated
Tether freezes 46.37 million USDT held for FTX at authorities' request
ForkLog 29 11.11.2022

Tether freezes 46.37 million USDT held for FTX at authorities’ request

Tether Limited, at the request of law enforcement authorities, froze 46,370,701 USDT on the Tron blockchain belonging to the cryptocurrency exchange FTX.
AI translated
Crypto.com Suspends USDC and USDT Withdrawals on Solana Amid FTX Crisis
ForkLog 21 10.11.2022

Crypto.com Suspends USDC and USDT Withdrawals on Solana Amid FTX Crisis

The cryptocurrency platform Crypto.com suspended deposits and withdrawals in stablecoins USDC and USDT on the Solana blockchain. The company cited "recent events in the industry".
AI translated
Tether CTO refutes USDT depeg and points to CoinGecko data issues
ForkLog 47 09.11.2022

Tether CTO refutes USDT depeg and points to CoinGecko data issues

The observed 3% deviation of USDT from $1 on CoinGecko was due to a glitch, not a real state of affairs. This was stated by Paolo Ardoino, CTO of the stablecoin issuer.
AI translated
Crypto industry participants distance themselves from FTX and Alameda Research.
ForkLog 19 09.11.2022

Crypto industry participants distance themselves from FTX and Alameda Research.

Several major players in the crypto industry said they did not have close ties to Sam Bankman-Fried’s FTX and Alameda Research. According to representatives of several companies, the current crisis will not affect their operations.
AI translated
Bloomberg: U.S. DOJ resumes probe into Tether
ForkLog 15 31.10.2022

Bloomberg: U.S. DOJ resumes probe into Tether

The U.S. Department of Justice has resumed a probe into possible bank fraud by the executives of Tether, the issuer behind the USDT stablecoin, according to Bloomberg, citing sources.
AI translated
Tether Limited wipes out commercial-paper exposure in USDT reserves
ForkLog 25 14.10.2022

Tether Limited wipes out commercial-paper exposure in USDT reserves

The issuer of the USDT stablecoin — Tether Limited — has completely abandoned commercial paper in its reserves, replacing them with US Treasury bills.
AI translated
US court excludes Roche Freedman from suit against Tether and Bitfinex
ForkLog 12 14.10.2022

US court excludes Roche Freedman from suit against Tether and Bitfinex

Roche Freedman has been removed from representing the plaintiffs in the class action against Bitfinex and Tether, accused of market manipulation.
AI translated
US Treasury securities account for 58.1% of Tether reserves
ForkLog 19 03.10.2022

US Treasury securities account for 58.1% of Tether reserves

The share of US Treasury bills in the collateral for the stablecoin USDT rose to 58.1% from 43.5% at the end of June. This was reported by the CTO of its issuer — Tether Holdings Limited — Paolo Ardoino.
AI translated
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