Tether Invested 'A Small Amount' Of Reserves In BTC

Tether Invested 'A Small Amount' Of Reserves In BTC
фото показано с : ethnews.com

2019-5-21 21:33

After finding out at the end of April that Tether's USDT was only about 74 percent backed by its reserves, the stablecoin issuer has now admitted to investing some of its cash reserves in bitcoin.

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$ 1.0002 (-0.01%)
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reserves tether stablecoin issuer backed percent admitted

Источник: ethnews.com

reserves tether → Результатов: 91


Bloomberg Crypto Report Says Tether Stablecoin Earned $6.6 Million in Interest in First Half of 2018

Tether (TS) was able to earn around $6.6 million during the first six months of the year according to a report released by Bloomberg on December 18. With the US Dollars reserves that it has across different banking institutions, the company is able to make several millions of interests. At the same time, citing sources […]

2018-12-19 00:35


Фото:

Bitfinex Vows to End Deposit Freeze as ‘Stablecoin’ Tether Falls Below 90 Cents

USD-backed stablecoin Tether (USDT) fell below $0. 90 on Bitfinex as concerns over its reserves forced traders to buy Bitcoin and other digital assets.   Tether Drops 5 Percent While Major Assets Jump Data from Coinmarketcap shows a sudden fall in USDT , countered by a 5 percent rise in the price of Bitcoin (BTC) , coinciding with news that exchange Bitfinex would resolve its ongoing fiat deposit freeze by Tuesday.

2018-10-15 12:30


Фото:

Tether, Bitfinex Reportedly Deserting ‘Unprofitable’ Noble Bank

Noble Bank, the “non-fractional reserves” institution which was once the primary reserve bank for Tether (USDT), is facing competition from other banks amid claims it is “no longer profitable. ” Non-Fractional And Non-Profitable? As Bloomberg reports October 1, Noble, registered in Puerto Rico, is now seeking a buyer on the back of the back of lax revenues stemming from 2018’s prolonged cryptocurrency bear market.

2018-10-2 19:00


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