Tether (USDT) | ForkLog

ForkLog 9 15.06.2022

Tether denies claims that 85% of its USDT reserves are backed by Chinese commercial paper

Tether said that rumors that 85% of its USDT reserves were backed by Chinese commercial paper trading at a 30% discount are false.

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ForkLog 10 13.06.2022

Tether says Celsius incident did not affect USDT reserves

Tether said that although the crypto-lending platform Celsius is part of its investment portfolio, the adverse events did not affect the financial stability of the issuer of the USDT stablecoin.

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ForkLog 11 09.06.2022

Tether launches USDT on Tezos network

Tether has launched the USDT stablecoin on the Tezos blockchain platform. This is already the twelfth network on which the asset is available, ForkLog representatives said.

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ForkLog 83 27.05.2022

Tether launches USDT stablecoin on Polygon

Tether announced the launch of the USDT stablecoin on the Polygon layer-2 network.

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ForkLog 19 26.05.2022

Tether launches MXNT stablecoin pegged to the Mexican peso

Tether, the issuer of the largest-stablecoin by market capitalization, launched the MXNT stablecoin pegged to the Mexican peso.

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ForkLog 17 23.05.2022

USDT holders have withdrawn $10 billion into fiat since the start of May

Since the start of May, Tether Holdings Limited has redeemed tokens from USDT holders worth $10 billion. The Guardian reports this.

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ForkLog 16 19.05.2022

Tether trims USDT collateral in commercial paper by 17%

In the first quarter of 2022, the issuer of the stablecoin USDT—Tether Holdings Limited—reduced its reserves in commercial paper by 17%. By the end of the second quarter the company planned to reduce the collateral in these assets by a further 20%.

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ForkLog 23 13.05.2022

Tether shifts the bulk of USDT collateral into US Treasuries

The bulk of USDT collateral is in US Treasuries. Over the past six months, the stablecoin issuer Tether has trimmed its holdings in private securities.

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ForkLog 13 12.05.2022

USDT stablecoin deviates from its peg to the US dollar

Against the backdrop of market turbulence, the price of the stablecoin USDT tested the $0.94 level. Paolo Ardoino, chief technology officer of the issuer Tether, said that the reserves are enough to redeem all assets on a 1:1 basis with the US dollar.

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ForkLog 6 05.05.2022

Tether CTO says the company has no plans to go public

The issuer of the stablecoin Tether is not considering an IPO. In an interview with CryptoPotato, CTO Paolo Ardoino said.

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ForkLog 8 24.03.2022

Tether to launch CHF100m fund as Lugano cements blockchain-hub status

To realise the «Plan ₿» for the Swiss city of Lugano, project participant Tether plans to launch a fund of no less than 100 million Swiss francs (~$107 million). Finews reports.

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ForkLog 13 13.03.2022

Bloomberg: American hedge fund took a short position against USDT

The American hedge fund Fir Tree Capital Management has taken a 'significant' short position against the stablecoin Tether (USDT). The vehicle bets on a decline in the value of the issuer's reserve securities.

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