Tether: Celsius crisis has no impact on USDT reserves
The USDT stablecoin issuer, Tether, denies any correlation between its investment in Celsius and its reserves or stability.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The USDT stablecoin issuer, Tether, denies any correlation between its investment in Celsius and its reserves or stability.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Visa Taps Anchorage Digital to Bring Western Union’s USDPT Into Stablecoin Settlement
Key Takeaways: Visa will provide its USDPT as an option for the settlement of stablecoins. USDPT is issued by Anchorage Digital Ba...
Binance’s Reserve Page Shows 1.06 Billion More USDT Than Customer Balances After Hack Refill
Binance said on Nov. 12 it has finished covering all assets hit in its Oct. 29 hack, though customers can’t yet check that for the...
LIVE – Why Is Crypto Down? $14.2B Stablecoin Drain Turns a Bad Morning Into a Market-Wide Rout
Why is crypto down? Bitcoin crashed below $69,000 just now, dragging the crypto markets into another brutal selloff. Ethereum slip...
Nakamoto Gets Extra Year on 60 Million USDT Kraken Loan; Derivatives Count Toward Collateral
Nakamoto Inc. (NAKA) is a bitcoin treasury company, a public company holding bitcoin as a core asset, and has borrowed against it....
Griffin Raises $20M to Bring Stablecoin Payments and Card Issuing to Its Banking Platform
Key Takeaways: Griffin raised $20 million in a Series B round at a valuation exceeding $100 million. The UK’s bank is set to intro...
Ripple’s RLUSD surpasses PayPal’s PYUSD as seventh-largest stablecoin
Ripple's RLUSD growth may boost confidence in its ecosystem, potentially impacting XRP's market dynamics and stablecoin competitio...