Tether’s (USDT) Withdrawals Top $10 Billion, Users Concern Over Crash
Tether has seen withdrawals of $10 billion as regulators have raised concerns about stablecoins after the collapse of Terra (UST) Tether’s (USDT) Withdrawals Top $10 Billion In the last two weeks, investors have taken out more than $10 billion from Tether. This is because regulators are paying more attention to stablecoins. According to data from […]
Tether Reveals $82 Billion Reserves Amid Crash Reports
Tether released its $82 billion reserves on Twitter to its users so as to silence haters regarding crash reports Tether Loses User’s Trust Following LUNA Crash Just over a week ago, when Terra and its UST stablecoin failed, there was a lot of panic in the stablecoin market. Some of them, like USDC and BUSD, […]
Tether Freezes Over $150 Million Worth Of USDT
Tether has been one of the most perplexing aspects of cryptocurrency in recent years, and this hasn’t altered as use has increased. Decentralization has been a big issue, and while the term isn’t used once in Satoshi Nakamoto’s Bitcoin whitepaper, it has been a primary identity associated with bitcoin, and crypto in general, from its […]
Is Tether About To Wipe Out Billions From The Cryptomarket?
Will Tether’s USDT Mint Rate, which will be implemented at the start of 2022, cause the crypto bubble to burst? This is one question that still remains unanswered. Prior to the new year, the crypto-verse appears to be going towards FUD. As a result, crypto enthusiasts are at a loss about what to do next, […]
Myanmar’s NUG adopting USDT as its local official currency receives praises from Tether
The National Unity Government of the Republic of Myanmar (NUG), has stated that Tether’s USDT would be adopted as a legal tender for local use, Tether has commended this move stating it will help strengthen the US currency. Tether has now praised the government’s move, claiming that it demonstrates the strength of the US currenc […]