Tether (USDT) | ForkLog

ForkLog 22 05.02.2021

Bitfinex repaid a $750 million loan taken from Tether

The cryptocurrency exchange Bitfinex said it had repaid early a loan taken previously from its affiliated company Tether. The remaining balance of $550 million was transferred by the platform in January.

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ForkLog 13 23.01.2021

Deltec Bank: Tether’s USDT fully backed by reserves

The Bahamas-based Deltec Bank, which holds Tether's assets, said USDT is fully backed by reserves.

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ForkLog 22 21.01.2021

USDC and BUSD issuance growth outpaces Tether’s USDT

Since September 2020, the growth rate of Tether's (USDT) supply was 82%. In the same period, USD Coin (USDC) grew by 243%, and Binance USD (BUSD) by 512%. This is stated in the Arcane Research report.

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ForkLog 11 15.01.2021

Deltec, the bank that holds Tether’s reserves, reports a large Bitcoin position

Deltec, the Bahamas-based bank that stores the assets of the Tether stablecoin issuer, has acquired a substantial amount of Bitcoin for its clients, according to Hugo Rogers, the bank's chief investment officer.

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ForkLog 14 12.01.2021

Tether Mints a Record $2 Billion of USDT in One Week

The issuer of the largest stablecoin by market cap, Tether, increased the supply of USDT by $2 billion over the past seven days. The total number of coins in circulation reached 24.4 billion.

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ForkLog 8 07.12.2020

Stablecoin capitalization tops $25 billion

The total market capitalization of the five most popular stablecoins surpassed $25 billion. This accounts for 4.3% of the overall cryptocurrency market cap, according to CoinGecko.

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ForkLog 13 28.11.2020

Tether stablecoin market capitalization nears $20 billion

The circulating market capitalization of Tether's stablecoins (USDT) reached $19.4 billion. Messari data indicate.

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ForkLog 10 23.11.2020

Opinion: Stablecoin inflows to exchanges save Bitcoin’s current rally

An increase in exchange-wallet balances with stablecoins in early October dampened the risk of a pause in Bitcoin's rally after crossing the $12,000 mark. Forbes quoted CryptoQuant CEO Ki Young Ju.

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ForkLog 9 07.11.2020

USDT stablecoin market capitalization surpasses $17 billion

USDT in-circulation market capitalization has for the first time surpassed $17 billion, according to data on the issuer's site, Tether.

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ForkLog 6 26.10.2020

Hackers stole 300,000 USDT from investors who stored private keys in Evernote

U.S. authorities have seized more than 300,000 USDT in connection with a cryptocurrency wallet hack. Hackers gained access through the Evernote cloud service.

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ForkLog 34 26.10.2020

Bybit launches new USDT pairs and cuts trading fees by 30%

On October 26, the cryptocurrency derivatives exchange Bybit launched USDT pairs. Users can trade the ETHUSDT futures with up to 50x leverage, and the LINKUSDT, LTCUSDT and XTZUSDT futures with up to 25x.

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ForkLog 9 22.10.2020

Tether authorises $450 million in USDT as Bitcoin hits a 2020 high

The issuer of the largest stablecoin by market capitalization, Tether, authorised the issuance of 450 million new USDT tokens over the past two days. This occurred as Bitcoin's price reached $13,000 for the first time this year.

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