Tag: Tether

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After TerraUSD (UST) De-Pegging Scare, Tether (USDT) Releases Report Claiming It Has Fully Backed Reserves

As the most recent crypto market crash is putting the spotlight on stablecoins, one of the leading dollar-pegged tokens says its valuation remains...

Investors Remove $7 Billion from Tether Within 48 Hours, Fearing USDT May Lose Its Peg

Yuri Molchan $7 billion has been removed from USDT as investors fear that Tether may go the way of UST Contents $7 billion removed from USDTTether...

Tether Will Move $1B USDT to ETH and $20M USDT to Avalanche

To move USDT assets from Tron’s TRC-20...

Tether CTO Says, USDT-Dollar Remains Strong Amid Stablecoin Crises

The LUNA/UST affair has caused discrepancies in the BTC-stablecoin trading pairs on different global cryptocurrency exchanges. Cryptocurrencies are still feeling the effects of...

Tether (USDT) Loses Peg As Mayhem in Stablecoin Continues

Tether (USDT) lost its dollar parity on Thursday as UST’s debacle sent shockwaves across the stablecoin market amid serious sell pressure in the...