Tether

  • Table of Contents

    On March 22, Tether announced a partnership with clothing brand Guess to officially introduce Bitcoin, Tether, and LVGA payments to retail stores in Lugano. The Guess store will ad

    03/22/2023
    80
  • Understanding Tether’s Recent Transactions on the Wave Field Network

    According to reports, according to Lookonchain data, Tether cast 1 billion USDTs in the wave field network an hour ago, and then sent 162 million USDTs to Binance, while 28.6 milli

    03/20/2023
    69
  • Tether Issues 1 Billion USDT on Wave Field Network: What Does It Mean?

    According to reports, according to Whale Alert data, the stable currency issuer Tether issued 1 billion additional USDTs on the Wave Field Network at 21:56:33 Beijing time on March

    03/20/2023
    160
  • Tether Treasury Transfers $800 Million to Coin On Exchange

    On March 17th, according to Whale Alert monitoring data, 800000000 USD (approximately US $80071999) was transferred from Tether Treasury to Coin On Exchange. Data: 80 million USDTs transferred from Tether Treasury to Coin An Exchange Analysis based on this information:According to the monitoring data of Whale Alert, on March 17th, Tether Treasury transferred $800 million to Coin On Exchange. This transfer has raised a lot of questions and sparked speculations in the market. Tether is a stablecoin, which is pegged to the value of the US dollar. It was created to provide traders with a digital currency that could be used to store value without incurring the volatility associated with other cryptocurrencies. It is used as a medium of exchange in various cryptocurrency exchanges across the world. The transfer of such a large amount of Tether tokens has raised concerns about the stability of the cryptocurrency market. Whale Alert is a cryptocurrency transaction tracking firm, which monitors the cryptocurrency transactions…

    03/17/2023
    62
  • Tether’s Large-Scale USDT Minting Sends Shockwaves Across Crypto Markets

    According to reports, according to Lookonchain monitoring, in the past two days, Tether has minted 3 billion USDTs on Tron and Ethereum. Among them, the address Theskycomber.eth related to Bastion Trading has received 135.3 million USDTs from Tether’s treasury in the past two days and transferred them to Coin Security. After receiving 135.3 million USDTs from relevant addresses of Bastion Trading, all of them were transferred to Binance Analysis based on this information:The cryptocurrency world is currently buzzing with the news of Tether’s massive USDT minting on Tron and Ethereum. According to Lookonchain monitoring, Tether has minted 3 billion USDTs in the past two days alone. This development has sent shockwaves across the crypto market in the wake of Tether’s recent controversy regarding a probe by the US Department of Justice. In light of this development, it is noteworthy that an address associated with Bastion Trading, Theskycomber.eth, has received 135.3 million USDTs from Tether’s treasury and transferred them to Coin…

    03/17/2023
    66
  • Tether Issues 1 Billion USDTs on Ethereum Network: An Authorized Transaction

    According to reports, according to Whale Alert data, the stable currency issuer Tether issued 1 billion additional USDTs on the Ethereum network at 2:35:59 Beijing time on March 17. Tether Chief Technology Officer Paolo Ardoino added that this is an authorized but not issued transaction on the Ethereum network, which means that this additional issue will be used for the next release request and on-chain interaction. Tether issues 1 billion additional USDTs on the Ethereum network Analysis based on this information:Tether, a stable currency issuer, has reportedly issued 1 billion additional USDTs on the Ethereum network at 2:35:59 Beijing time on March 17, according to Whale Alert data. While this may seem like a sudden and significant increase in the supply of Tether’s stablecoins, it should be noted that Tether’s Chief Technology Officer Paolo Ardoino clarified that this was an authorized but not yet issued transaction. In other words, this additional issuance of USDTs serves as a contingency buffer, which…

    03/17/2023
    118
  • Tether Issues New USDTs on Ethereum Network

    On March 14, according to Whale Alert data, the stable currency issuer Tether issued an additional 1 billion USDTs on the Ethereum network at 22:36:11 on March 14, Beijing time. Tether issued 1 billion additional USDTs on Ethereum Analysis based on this information:Tether, known as a stable currency issuer, has made a significant move in issuing an additional 1 billion USDTs on the Ethereum network on March 14. According to Whale Alert data, Tether issued the USDTs at precisely 22:36:11 on March 14, Beijing time, with Ethereum being the network of choice. This move has not gone unnoticed in the crypto community, with speculations arising on the implications of this move. Tether (USDT) is a stablecoin pegged to the US dollar at a ratio of 1:1, meaning its value is tied to the US dollar’s value to maintain its stability. Since its inception in 2014, Tether has become a popular choice for traders and investors for their day-to-day transactions as…

    03/14/2023
    71
  • Tether sees massive issuance of USDT tokens on wavefield network

    On March 14, according to Whale Alert data, Tether, the stable currency issuer, issued 1 billion additional USDTs on the wavefield network at 22:29:27 on March 14, Beijing time. Tether issued 1 billion additional USDTs in the wave field network Analysis based on this information:The Whale Alert data on March 14 revealed that Tether, a leading stable currency issuer, had issued 1 billion additional USDT tokens on the wavefield network. This development has been considered noteworthy considering that it comes at a time when the crypto market is still in its nascent stages. Tether is a popular stable coin issuer that offers a digital currency that is pegged to the US dollar. It allows traders and investors to trade cryptocurrencies without worrying about the volatile fluctuations in the prices of the underlying assets. USDT has long been the most popular stable currency in the crypto world and is used by many exchanges and traders. The issuance of these additional USDT…

    03/14/2023
    68
  • Tether Stablecoin sees a Short-term Premium Rise to $1.02, Reaching a New Market Value Record of $74.227 Billion

    According to the report, according to the data of Coingecko, the short-term premium of the US dollar stable currency Tether (USDT) has risen to US $1.02, and the current market value has also risen to US $74.227 billion, a new high since May 2022. USDT has a short-term premium, which has now risen to $1.02 Analysis based on this information:The Coingecko report depicts a bullish trend as they observe a surge in the short-term premium value of the US Dollar-backed stable coin, Tether (USDT). The price of Tether has reached a new benchmark of $1.02, raising market capitalization to $74.227 billion. The growth of Tether’s market value has come after a gap of almost two months, indicating an increase in demand, reflecting stability in the overall cryptocurrency market. Tether is a controversial cryptocurrency that has always aroused suspicion concerning its auditability and whether it has sufficient US Dollar reserve to back its circulating supply fully. Despite its controversies, Tether has…

    03/13/2023
    73
  • Tether’s Assurance Amid Signature Bank’s Shutdown

    On March 13, Tether Chief Technology Officer Paolo Ardoino tweeted that Tether had no exposure to Signature Bank. According to the previous news, Signature Bank was closed by New York State regulators on Sunday. The Federal Reserve, the FDIC and the US Treasury issued a joint statement saying that all savers who use Signature will be compensated. Tether CTO: Tether has no exposure to Signature Bank Analysis based on this information:The recent news of Signature Bank’s shutdown by the New York State regulators has sent ripples across the financial industry. Many savers, investors, and cryptocurrency traders were worried about the exposure of Tether to Signature Bank, which could have potentially put their funds at risk. However, Tether’s Chief Technology Officer Paolo Ardoino has taken to Twitter to clarify that Tether has no exposure to Signature Bank. This assurance from Paolo Ardoino is a significant relief for the Tether community, as Tether is the largest stablecoin by market capitalization. It is…

    03/13/2023
    68
  • Justin Sun Receives and Transfers $198M USDT in One Hour

    On March 12, according to Whale Alert data, the address marked as Justin Sun received 198 million USDTs from Tether in the past 1 hour, and then transferred 149.7 million USDTs to the Binance address, a total of three transfers, with 49.9 million USDTs transferred each time. Justin Sun transferred nearly 150 million USDTs to Binance address in the past hour Analysis based on this information:Recently, according to Whale Alert data, the address associated with Justin Sun, a well-known cryptocurrency entrepreneur, received 198 million USDTs from Tether in just one hour. Notably, this massive sum of funds was then immediately transferred to the Binance address. The transfers made to the Binance address happened in three separate transactions, with each transfer containing 49.9 million USDTs. This occurrence could be interpreted in a number of different ways depending on one’s knowledge of the context, specifically of the parties involved. However, it is not uncommon for cryptocurrency exchanges to move large sums of…

    03/12/2023
    77
  • Binance Utilizes Tron Network for Tether Transactions

    On March 12, according to Lookonchain monitoring, Binance has cast 657 million TUSDs on the Tron network in the past 24 hours. Lookonchain: Binance has cast 657 million TUSD in Tron network in the past 24 hours Analysis based on this information:Binance, one of the world’s leading cryptocurrency exchanges, has recently cast around 657 million Tether Stablecoin (TUSD) on the Tron network in the past 24 hours. According to Lookonchain monitoring, the transaction volume of TUSD on the Tron network had increased dramatically, which indicates that Binance has moved a comparatively large amount of TUSD on the platform. Tron Network, which claims to be the fastest blockchain and an ideal solution for creating decentralized applications for the entertainment industry, has been gradually gaining traction lately. Its network offers a higher transaction speed and scalability than Ethereum, which is one of the reasons why Binance decided to use the Tron blockchain to execute the Tether transactions. Tether, a stablecoin that is…

    03/12/2023
    71
  • Tether’s CEO assures stability amidst ongoing banking concerns

    According to reports, the CEO of Tether, the stable currency issuer, said that it had no risk exposure in Silicon Valley banks.
    Tether CEO: No risk exposure in

    03/11/2023
    65
  • Tether defends itself against outdated and misleading accusations

    On March 11, Tether wrote that it continued to be the target of outdated, inaccurate and misleading reports and accusations of the Wall Street Journal. The late

    03/11/2023
    63
  • Tether’s Alleged Use of False Documents and Shadow Intermediaries to Open Bank Accounts

    According to reports, according to the Wall Street Journal, the stable currency issuer Tether opened bank accounts through forged documents and shadow intermed…

    03/04/2023
    73
  • Ripple CEO Announces Partnership with Binance.US to Establish Base in Spain for Tether

    12:00-21:00 Key words: Base, Spain, Tether, Binance.US, RippleCEO

    Overview of important developments in the evening of March 4

    Interpretation of t…

    03/04/2023
    65
  • Tether Issues 1 Billion USDT on the ETH Chain

    According to the report, the data of block browser shows that on March 4, at 18:31 (UTC+8), Tether issued an additional 1 billion USDT on the ETH chain. The tr…

    03/04/2023
    80
  • Tether Treasury Moves Funds to Binance

    It is reported that 499999990 USDTs (US $500274241) were transferred from the Tether treasury to Binance.

    Nearly 500 million USDTs were transferred fro…

    03/04/2023
    143
  • Tether Shifts Chain from Tron to Ethereum ERC20 in Partnership with Binance

    On March 4, Tether said that Tether would coordinate with Binance to change the chain from Tron to Ethereum ERC20, involving 1.6 billion USDTs. In this process…

    03/04/2023
    79
  • Cryptocurrency exchanges Expand their Trading Bases

    7:00-12:00 Keyword: Tether, SilverGate, Voyager, Base

    Summary of important developments at noon on March 4

    Interpretation of the news:


    Cr…

    03/04/2023
    78
  • Tether Denies Forging Documents for Bank Account

    According to reports, in response to the Wall Street Journal\’s report that the stable currency issuer Tether had opened a bank account through forgery of docum…

    03/04/2023
    70
  • Tether Launches Plan ₿ Business Center in Lugano

    It is reported that Tether officially announced the launch of the Plan ₿ business center with Lugano to explore the potential of blockchain technology, because…

    03/03/2023
    87
  • Tether to Migrate from Tron to Ethereum with Binance Partnership

    It is reported that Tether, the issuer of stable currency, said that in a few minutes, Tether would coordinate with Binance to exchange the chain from Tron to …

    03/03/2023
    76
  • Smartpay Launches Pix Withdraw Function for Tether and Brazilian Real Conversion

    On March 3, the Swapix solution of Smartpay launched the Pix Withdraw function, which can be used to send and convert between Tether and Brazilian real using P…

    03/03/2023
    72
  • Tether Treasury Cast 1 Billion USDTs on the Wave Field

    It is reported that the data on the chain shows that Tether Treasury cast 1 billion USDTs in the wave field at 16:46 UTC on February 22, with the trading addre…

    02/23/2023
    84
  • Tether’s support for Bitcoin adoption

    It is reported that Paolo Ardoino, chief technology officer of Bitfinex, said on social media that it is not sincere to abandon the efforts of countries that t…

    02/22/2023
    63