News - RootData

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BTC $89,482.6 0.40%

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CoinShares Research Director: Concerns about Tether's solvency are unfounded, as it has a huge surplus

Tether minted 1 billion USDT

Former Citibank crypto research head: Arthur Hayes missed 3 key points in the FUD about Tether

Arthur Hayes: If Tether holds assets with poor liquidity, an unexpected event could trigger concerns about over-collateralization

Willy Woo: Tether performs better than many banks during the redemption phenomenon, with 95% of assets still backed in extreme cases

Tether responds to FUD: approximately $7 billion in excess reserves in the third quarter, with group equity close to $30 billion

Tether CEO: S&P's crackdown on Tether may be intentional, currently holding U.S. Treasury bonds that generate about $500 million in revenue per month

Due to the failure of energy price negotiations, Tether has shut down its mining operations in Uruguay

Tether suspends Bitcoin mining operations in Uruguay due to rising energy costs

Tether will terminate EUR₮ redemption services today and will support a new European compliant stablecoin

Tether announced that the liquidation of the euro stablecoin EUR₮ has entered its final stage, and redemptions will cease starting November 27

Tether confirmed to the Ministry of Labor of Uruguay that it will cease operations locally

Tether CEO responds to S&P's downgrade of USDT rating, the fragility of the old system is making those in power uneasy

Tether holds 116 tons of gold, equivalent to the reserves of the central banks of South Korea and Hungary

Tether USDT's related gold reserve assets have reached 12.9 billion USD, an increase of 7.6 billion USD in 9 months