Tether Reports $3.2B Excess Reserves, but Lags in Reducing Secured Loans

2023-11-1 19:32

Tether reported $3.2 billion of excess reserves backing the value of its stablecoins including USDT, according to its Q3 attestation released Wednesday.

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Tether (USDT) на Currencies.ru

$ 1.0004 (+0.02%)
Объем 24H $230.847b
Изменеия 24h: -0.01 %, 7d: 0.00 %
Cегодня L: $0.9995 - H: $1.0008
Капитализация $134.717b Rank 4
Цена в час новости $ 1.0003 (0.01%)

tether reserves excess usdt reports according stablecoins

tether reserves → Результатов: 126


Tether Claims $1.6 Billion In Excess Reserves To Back Its Stablecoin

The number one stablecoin by market cap has announced it will reach $1.6 billion in excess reserves of Tether (USDT). The firm estimates this figure for the March quarter. Tether Chief Technology officer Paolo Ardoino disclosed that it expects an estimated $700 million in profit within the said period pushing the reserves higher. Ardoino further […]

2023-3-24 21:00


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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


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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