Tether Treasury's substantial transfer of USDT tokens to Bitfinex, valued at $229,956,875, has stirred interest within the crypto community. As the market reacts to Bitcoin's recent swings and Tether's significant move, the impact on overall market dynamics remains to be seen.
Cheng YuanUSDT is also present on Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, Tron, and Kava
BeincryptoA report by The Wall Street Journal reveals the alleged illicit acts of Bitfinex and Tether in 2018.
BitcoinistThe increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny.
CoindeskTether has stated that its secured loans are heavily collateralized, hitting back at WSJ.
BeincryptoThe trio launched Holepunch with a vision to bestow control over data while breaking technology monopolies, among others.
CointelegraphThe asset will also be available on twelve other networks, including Ethereum, Solana and Polkadot, among others.
CointelegraphWith a peso-backed stablecoin, Tether is essentially “recreating the foreign exchange market with a Tether product,” Ardoino said.
CointelegraphBitfinex and Tether chief technology officer Paolo Ardoino spoke to Cointelegraph about cryptocurrency adoption in Europe.
CointelegraphPaolo Ardoino, chief technology officer, of Tether and Bitfinex, explains why USDT will retain its dominance in an increasingly competitive stablecoin market.
Cointelegraph