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what happened with tether

Last Updated on September 9, 2023 by Paganoto

Tether: The Coin That Could Wreck Crypto

Tether: The Coin That Could Wreck Crypto

A few years earlier, a cryptocurrency exchange affiliated with Tether had lost $850 million in a business deal gone sour. To cover the losses, the exchange, Bitfinex, took loans from Tether's reserves, leaving the stablecoin partly unbacked, according to Ms. James's investigation.Jun 17, 2022

Tether (@Tether_to) · Twitter

Tether (@Tether_to) · Twitter

The Tether controversy, explained – The Verge

The Tether controversy, explained – The Verge

The most popular one, Tether, launched in 2014 and is pegged to the dollar. It’s got a market capitalization of more than $60 billion. USDT …

Tether (USDT) Recovers From Dip After CTO Tweet – Bloomberg

Tether (USDT) Recovers From Dip After CTO Tweet – Bloomberg

More than $1.8 billion of Tether was removed from the market between Wednesday and Thursday, as Tether’s market value dropped to as low as $82.2 …

Tether (USDT) stablecoin regains peg after $3 billion … – CNBC

Tether (USDT) stablecoin regains peg after $3 billion … – CNBC

Tether, the world’s largest stablecoin, regained its peg to the dollar after more than $3 billion worth of tokens left the system in a single …

Tether lost $7 billion this week – Protocol

Tether lost $7 billion this week – Protocol

The market circulation of tether, also known as USDT, has dropped from about $83 billion on May 11 to around $76 billion on Tuesday, according …

$7.6bn of 'stablecoin' tether redeemed since start of crypto crisis

$7.6bn of 'stablecoin' tether redeemed since start of crypto crisis

Tether, the third biggest cryptocurrency by “market cap”, experienced a short-lived crisis on …

Turmoil and panic in crypto market as 'stablecoin' slump …

Turmoil and panic in crypto market as 'stablecoin' slump …

Shockwaves swept through cryptocurrency markets on Thursday as tether, the largest “stablecoin” and a foundational part of the digital asset …

Crypto Whales Ditched Tether for USDC After Stablecoin Panic

Crypto Whales Ditched Tether for USDC After Stablecoin Panic

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Tether investors flee after Terra USD stablecoin reckoning

Tether investors flee after Terra USD stablecoin reckoning

Terra’s collapse stemmed from the failure of a system of algorithms meant to control the token’s price by manipulating its supply, as a so- …