Tether printed $1 billion

x2 Oct 07, 2021 · In May 2019 a coalition of major traders bailed out Bitfinex, investing an additional $1 billion in the business. The exchange used the money to pay back the loans to Tether Holdings. The next ... Jan 03, 2022 · Tether Holdings Ltd. has assets totaling at least $69 billion as of Sept. 30. That includes $30.6 billion in commercial paper and certificates of deposit, $7.2 billion in cash, almost $1 billion ... Tether printed two billion dollar-backed tokens last week, a new record for the leading stablecoin project. Over 24.6 billion tethers now circulate across Ethereum, Tron and Bitcoin's Omni Layer ...Tether's $1 Billion USDT print this week raised many eyebrows amid US federal agencies' plan to tighten their scrutiny around stablecoin issuers. The major concern for authorities lies with the issuance backings that have been found misleading in the past. After Tether, now Circle's latest $5 billion USDC has come under scrutiny.May 23, 2022 · Investors have yanked more than $10 billion out of tether in the past two weeks amid heightened regulatory scrutiny over stablecoins. Tether, the world’s largest stablecoin, has seen its circulating supply plunge from a record $84.2 billion on May 11 to around $73.3 billion as of Monday, according to data from CoinGecko. The June report additional discovered that total money and money equivalents have been $ 53.3 billion, together with $ 30.8 billion in business paper and certificates of deposit and $ 6.2 billion in money and financial institution deposits , $ 1 billion in reverse return bonds and $ 15.2 billion in Treasury payments. ... Tether first printed ...Jan 11, 2021 · The previous record of 1.5 billion USDT was set the week before last. Tether printed two billion dollar-backed tokens last week, a new record for the leading stablecoin project. Over 24.6 billion ... May 12, 2022 · The price of Tether tokens quickly rebounded to more than $0.99 and Tether said it was continuing to honor redemption requests that reached 2 billion tokens on May 12 at a 1-to-1 ratio to the U.S ... The latest financial disclosure from Tether, which serves as a controversial foundation for much of the cryptocurrency market, didn't shed any more light on where its reserves are held. Tether Holdings Ltd. had assets totaling at least $69 billion as of Sept. 30, according to an assurance from Cayman Islands-based Moore Cayman. That includes $30.6 billion in commercial paper and certificates ...Mar 12, 2022 · Increasing the total supply of Ethereum to $8.5 billion and reducing that of Tron from $4.30 billion to $3.30 billion on the first swap, the existing supply on Ethereum will now increase by $1 billion, while Tron drops to $2.30 billion after the swap is successfully carried out. The June report additional discovered that total money and money equivalents have been $ 53.3 billion, together with $ 30.8 billion in business paper and certificates of deposit and $ 6.2 billion in money and financial institution deposits , $ 1 billion in reverse return bonds and $ 15.2 billion in Treasury payments. ... Tether first printed ...Sep 14, 2020 · With the development, the total supply of TRON-based TRC-20 Tether tokens will reduce from $3.3 billion to $2.3 billion, thus increasing Ethereum’s ERC-20-based Tether supply to $9.5 billion. This comes less than a month after Tether announced moving $1 billion worth of USDT tokens from the Justin Sun’s-led blockchain platform to Ethereum. Tether (cryptocurrency) Tether (often referred to by one of its currency codes, USD₮ ), is an asset-backed cryptocurrency stablecoin. It was launched by the company Tether Limited Inc. in 2014. [4] Tether Limited is owned by the Hong Kong -based company iFinex Inc., which also owns the Bitfinex cryptocurrency exchange. [5] On Thursday and again on Saturday, Tether issued $1 billion in tethers. These are the biggest single prints of USDT ever—and there were two in a row. Previously, the biggest prints were $600 million, which was rare. Normally, bigger prints were $400 million, and if Tether needed more, it would simply issue several in a row.May 09, 2022 · The most recent minting exercise of $1 billion USDT was done on the Tron blockchain, which is currently the most demanded form of USDT. — Whale Alert (@whale_alert) May 9, 2022 According to data on the current $1 billion USDT mintings, Tether has a circulating supply of $83.2 billion and a 24-hour trading volume of $73.78 billion, according ... Amid the current market crash, $1 billion worth of USDT was transferred from Tether's treasury to Binance. The past couple of days were particularly devastating in both the cryptocurrency and the legacy markets. During Saturday's trading session, Bitcoin's price crashed to a low of around $34,000 on Binance, and it's currently trading ...👉 Tether Has Now Minted Over $1 Billion USDT This Month. Stablecoin company Tether have now printed more than $1 billion worth of USDT this month alone - its greatest single-month rise ever. The milestone was hit as Tether minted 240 million USDT on Monday morning, followed by another 89 million today.May 13, 2022 · Tether is a bigger indicator of whether the crypto market can stabilize, says Kate Rooney. Tether, the world’s largest stablecoin, regained its peg to the dollar after more than $3 billion worth ... Tether printed two billion dollar-backed tokens last week, a new record for the leading stablecoin project. Over 24.6 billion tethers now circulate across Ethereum, Tron and Bitcoin's Omni Layer ...Nov 07, 2021 · In a recent tweet, Tether announced that it was partnering with a 3 rd party to perform a chain swap of Tron TRC20 to Ethereum ERC20 for 1 billion USDT. In few minutes Tether will coordinate with a 3rd party to perform a chain swap (converting from Tron TRC20 to Ethereum ERC20) for 1B USDt. Oct 07, 2021 · In May 2019 a coalition of major traders bailed out Bitfinex, investing an additional $1 billion in the business. The exchange used the money to pay back the loans to Tether Holdings. The next ... Aug 23, 2021 · Tether has minted at least 2.3 billion USDT since Aug. 1, pushing the token's market cap to $65 billion, a Tether representative told CoinDesk via email. Over the past day, the price of Bitcoin has grown by 3% and reached $58,000. Altcoins followed the growth dynamics of Bitcoin and also increased in price. Tether has released 2 new batches of 500 million USDT [email protected] reports "Saturday at 6am EST a billion $1 Tether coins were printed.A perfectly round number." Major Tether transactions are in perfectly round numbers. This alone attracts suspicion. For comparison purposes Bernie Madoff's alleged earnings were uniform as well.Tether representatives warned holders of speculators trying to capitalize on the manipulation of opinions. Representatives of Tether Limited announced that they are going to move more than $1 billion worth of stablecoins from the Tron blockchain to Ethereum. Another $20 million will be moved to [email protected] reports "Saturday at 6am EST a billion $1 Tether coins were printed.A perfectly round number." Major Tether transactions are in perfectly round numbers. This alone attracts suspicion. For comparison purposes Bernie Madoff's alleged earnings were uniform as well.May 04, 2020 · Last month, several reports from Whale Alert, a platform that tracks large crypto transactions, suggested that Tether printed about 1.58 billion USDT (appr. $1.59 billion) in April alone. At the time, the issuer of the dollar-pegged stablecoin reportedly minted about 480 million USDT in the first two weeks of April. May 12, 2022 · The price of Tether tokens quickly rebounded to more than $0.99 and Tether said it was continuing to honor redemption requests that reached 2 billion tokens on May 12 at a 1-to-1 ratio to the U.S ... Tether's market capitalization today equates to 5.44% of the $1.3 trillion crypto economy, and USDT has seen $31 billion in global trade volume over the last [email protected] reports "Saturday at 6am EST a billion $1 Tether coins were printed.A perfectly round number." Major Tether transactions are in perfectly round numbers. This alone attracts suspicion. For comparison purposes Bernie Madoff's alleged earnings were uniform as well.In 2021 year-to-date, USDC has printed $16.7 billion in "stablecoin" tokens and currently has $20.62 billion tokens outstanding. In comparison, so far in 2021 year-to-date, USDT has printed $39.3 billion in "stablecoin" tokens and currently has $60.24 billion tokens outstanding. USDC's tokens outstanding have increased by 426% year-to-date in 2021.Nov 07, 2021 · In a recent tweet, Tether announced that it was partnering with a 3 rd party to perform a chain swap of Tron TRC20 to Ethereum ERC20 for 1 billion USDT. In few minutes Tether will coordinate with a 3rd party to perform a chain swap (converting from Tron TRC20 to Ethereum ERC20) for 1B USDt. A new sign of the possible market recovery, according to Litecoin's Charlie Lee, has finally arrived. Tether's decision to print around $250 million more tokens might be an indication that the change in the market is about to come. ... Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC. Blogs 4 years ago. Bitcoin Cash (BCH) and Ripple ...Jun 14, 2021 · After the launch of another 250 million tokens, the total supply of USDT amounted to over $ 2.85 billion worth of cryptocurrency, influencing to a larger extent the crypto market. The USDT’s share increased by over 22% compared to the period before the latest printing. Of the total USDT transactions, around 30% were used in pair with Ethereum ... May 16, 2022 · Tether representatives warned holders of speculators trying to capitalize on the manipulation of opinions. Representatives of Tether Limited announced that they are going to move more than $1 billion worth of stablecoins from the Tron blockchain to Ethereum. Another $20 million will be moved to Avalanche. Jun 24, 2020 · From April 1, 2020, to April 30, accumulated records from Whale Alert, a platform that tracks large crypto transactions from and to exchanges, revealed that the Tether Treasury printed a total of 1.58 billion USDT worth just shy of $1.59 billion. Tether minted 480 million USDT tokens in the first two weeks of April, and 1.1 billion tokens were ... The latest issuance of $1 billion USDT has created a similar controversy especially given the crypto market is bleeding. Tether treasury printed a billion-dollar worth of USDT on November 26, the same day the crypto market fell sharply due to Covid-19 new variant induced fears in the stock market. Jan 17, 2022 · Happy Monday and welcome to Popcorn - internet’s most interesting crypto newsletter. 🍿🍿🍿 We have a problem. On December 4th, 2021 Tether created $1,500,000,000 worth of USDT out of thin air. That’s $1.5 BILLION. Nowhere it is documented where the money which was just created comes from and where it actually went. As of the end of 2021, FTX is enjoying huge increases in volume. The company's U.S. business reported a 512% increase in average trading daily volume for Q3 2021. Coincidentally, Q3 is the period when Tether suddenly printed 2.3 billion new USDT after two months of inactivity. SEC rejects Bitcoin ETF, citing concerns over Tether 'fraud'Tether Holdings Ltd. has assets totaling at least $69 billion as of Sept. 30. That includes $30.6 billion in commercial paper and certificates of deposit, $7.2 billion in cash, almost $1 billion ...With the current market capitalization of USDT pegged around $81.42 billion, it implies that there are around 81.4 billion USDT coins in circulation since one unit of the stablecoin is pegged at $1. The market cap is of Tether jumps more than $1 Billion from March 26th to 27th, according to coinmarketcap.Nov 10, 2021 · Tether sent Heka more than $1.5 billion in USDT. $1.1 billion (71%) of that was distributed in the past year. Heka received about 1.5% of all Tether ever distributed. Heka is primarily a cryptocurrency trading operation. So, naturally it requested Tether directly to the various exchanges it inhabits. Overall, Heka utilized: at least $1.05 ... Nov 14, 2021 · The ongoing correlation appears to indicate that Bitcoin is about to rise more than it ever has in the past. And its got crypto investors watching the USDT supply like a hawk for the next major printing and pump in Bitcoin. Today, an alert got the community up in arms when another $1 billion in Tether was said to be printed. Oct 08, 2020 · A closer look at Tether’s $1 billion Bitfinex-to-Binance swap. A Tether swap worth $1 billion and involved Bitfinex, Binance, and Tron blockchain happened on Aug 20. Tether stablecoin burned some of its supply on one blockchain only to mint it anew on another one. Nov 07, 2021 · In a recent tweet, Tether announced that it was partnering with a 3 rd party to perform a chain swap of Tron TRC20 to Ethereum ERC20 for 1 billion USDT. In few minutes Tether will coordinate with a 3rd party to perform a chain swap (converting from Tron TRC20 to Ethereum ERC20) for 1B USDt. Tether Printing $3 Billion for Dip Cashouts. The combined value of the crypto market has dropped from above US$2.4 trillion to $2.1 trillion, with bitcoin itself now falling below a US$1 trillion market cap, meaning that a lot of cryptocurrencies left the market and were converted to stablecoins or fiat. According to Whale Alert, the Tether [email protected] reports "Saturday at 6am EST a billion $1 Tether coins were printed.A perfectly round number." Major Tether transactions are in perfectly round numbers. This alone attracts suspicion. For comparison purposes Bernie Madoff's alleged earnings were uniform as well.Nov 29, 2020 · The market capitalization of leading stablecoin Tether (USDT) has been on a roller coaster ride after surging by $1 billion in a record 9 days to hit $19 billion. Since the start of 2020, its market capitalization has been on a continuous rally, according to Tether and Bitfinex CTO Paolo Ardoino. USDT's increased supply Amid the current market crash, $1 billion worth of USDT was transferred from Tether's treasury to Binance. The past couple of days were particularly devastating in both the cryptocurrency and the legacy markets. During Saturday's trading session, Bitcoin's price crashed to a low of around $34,000 on Binance, and it's currently trading ...Feb 14, 2021 · On Thursday and again on Saturday, Tether issued $1 billion in tethers. These are the biggest single prints of USDT ever—and there were two in a row. Previously, the biggest prints were $600 million, which was rare. Normally, bigger prints were $400 million, and if Tether needed more, it would simply issue several in a row. Mar 24, 2022 · Tether’s Market Cap Surpasses $80 Billion, Prints $1 Billion 24/03/2022 14:33 No comments Tether is closing in on $100 billion as its market cap surpasses $80 billion for the first time since its inception in 2015. The USD pegged token has now regained top three position, with it standing below just bitcoin and ethereum as the dollar goes crypto. Jun 01, 2021 · Market News. OKEx trading big data shows that the total position of BTC contract today is 1.377 billion USD, the number of long and short positions is 1.35, the active buying volume exceeds the active selling volume by about 3.25 million USD; in terms of elite positions, long accounts are 46%, short accounts are 48%, and the average elite long and short positions are 22.04% and 13.90% ... This week, over $5 billion in Tether (USDT) was minted and added to the stablecoin's circulating supply and market cap. A correlation with newly minted USDT and Bitcoin pumping has sent the crypto community into a tailspin.. Today, an automated Twitter account that alerts investors as to when new Tether is minted claimed another $1 billion was added, but that's not quite the case.Amid the current market crash, $1 billion worth of USDT was transferred from Tether's treasury to Binance. The past couple of days were particularly devastating in both the cryptocurrency and the legacy markets. During Saturday's trading session, Bitcoin's price crashed to a low of around $34,000 on Binance, and it's currently trading ...Jul 15, 2019 · After that, Tether minted another 50 million USDT on the same chain, burned another 4.5 billion USDT, and finally transferred 50 million Tron-based USDT tokens to a wallet presumably belonging to ... Tether representatives warned holders of speculators trying to capitalize on the manipulation of opinions. Representatives of Tether Limited announced that they are going to move more than $1 billion worth of stablecoins from the Tron blockchain to Ethereum. Another $20 million will be moved to Avalanche.Apr 28, 2020 · 👉 Tether Has Now Minted Over $1 Billion USDT This Month. Stablecoin company Tether have now printed more than $1 billion worth of USDT this month alone – its greatest single-month rise ever. The milestone was hit as Tether minted 240 million USDT on Monday morning, followed by another 89 million today. Oct 21, 2020 · Tether has added to the market some $1 billion worth of tokenized dollars since last month, with its market cap now surpassing $16 billion. Some $150 million was printed just this Tuesday, with the dollar pegged token continuing its march as it maintains third position among all cryptos, significantly surpassing XRP’s $11 billion market cap ... Bitcoin's price rose 73.3% when Tether was printed. An average rise of 20% was recorded in BTC's price. The most significant observation here was the reduction in Tether's market cap from $2.74 billion to $2.05 billion i.e., ~700 million USDT were taken out of circulation, a development that caused a drop of 50% in BTC's price over a month.Mar 12, 2022 · Increasing the total supply of Ethereum to $8.5 billion and reducing that of Tron from $4.30 billion to $3.30 billion on the first swap, the existing supply on Ethereum will now increase by $1 billion, while Tron drops to $2.30 billion after the swap is successfully carried out. Feb 14, 2021 · On Thursday and again on Saturday, Tether issued $1 billion in tethers. These are the biggest single prints of USDT ever—and there were two in a row. Previously, the biggest prints were $600 million, which was rare. Normally, bigger prints were $400 million, and if Tether needed more, it would simply issue several in a row. Investors have withdrawn over $10 billion worth of Tether in the past two weeks, over heightened concern and regulatory scrutiny around the stablecoin. Tether USDTUSD, , the largest stablecoin by [email protected] reports "Saturday at 6am EST a billion $1 Tether coins were printed.A perfectly round number." Major Tether transactions are in perfectly round numbers. This alone attracts suspicion. For comparison purposes Bernie Madoff's alleged earnings were uniform as well.In any case, just as Bitcoin rallied past $46,000 for the first time in months, Tether rallied too. The firm printed another $1 billion in USDT for distribution via TRON on Monday — the first mint since March. Edit 18:46 UTC, Aug 10: Clarified cash context in caption of pie chart.Tether (USDT's) price trend seems immune to BTC at present as it refuses to respond. The stable coin is stuck at $1 price mark.Amid the current market crash, $1 billion worth of USDT was transferred from Tether's treasury to Binance. The past couple of days were particularly devastating in both the cryptocurrency and the legacy markets. During Saturday's trading session, Bitcoin's price crashed to a low of around $34,000 on Binance, and it's currently trading ...Dec 05, 2017 · Tether's website makes a claim that's unusual among cryptocurrencies: "every tether is always backed 1-to-1 by traditional currency held in our reserves." The site also says each tether can be ... Jun 14, 2021 · After the launch of another 250 million tokens, the total supply of USDT amounted to over $ 2.85 billion worth of cryptocurrency, influencing to a larger extent the crypto market. The USDT’s share increased by over 22% compared to the period before the latest printing. Of the total USDT transactions, around 30% were used in pair with Ethereum ... They've added $1 billion just recently as demand grows for crypto tokens, with the project now spread out among numerous blockchains: Tether stats, March 2022. Some $3 billion has been printed and has entered circulation since last month as can be seen in the featured image above.Tether treasury printed a billion-dollar worth of USDT on November 26, the same day the crypto market fell sharply due to Covid-19 new variant induced fears in the stock market. Infamous crypto Twitter account that goes by the name of Mr. Whale claimed that Tether treasury minted $1 billion out of thin air.Crypto Daily: Tether Printed New Billion USDT; Bitcoin Chart Analytics ... Telegram Raised $1 Billion. Crypto Weekly: Tesla Began to Accept Bitcoins; Telegram Raised $1 Billion. Crypterium. Mar 29 ...Mar 12, 2022 · Increasing the total supply of Ethereum to $8.5 billion and reducing that of Tron from $4.30 billion to $3.30 billion on the first swap, the existing supply on Ethereum will now increase by $1 billion, while Tron drops to $2.30 billion after the swap is successfully carried out. Feb 14, 2021 · On Thursday and again on Saturday, Tether issued $1 billion in tethers. These are the biggest single prints of USDT ever—and there were two in a row. Previously, the biggest prints were $600 million, which was rare. Normally, bigger prints were $400 million, and if Tether needed more, it would simply issue several in a row. Jun 15, 2022 · Elon Musk reportedly wanted to entrust his fortune to a 34-year-old former pro gambler who dropped out of college to smoke weed It first hit $100 million in market cap in mid-2017, but by the end of the year, it was at $1.4 billion. Tether has been printing like a machine and as of today, it boasts of a $68.4 billion market cap, the fifth highest in the digital currency market. Of note is that out of the $68 billion, $48 billion has been printed this year as USDT tokens ...Apr 28, 2020 · 👉 Tether Has Now Minted Over $1 Billion USDT This Month. Stablecoin company Tether have now printed more than $1 billion worth of USDT this month alone – its greatest single-month rise ever. The milestone was hit as Tether minted 240 million USDT on Monday morning, followed by another 89 million today. @StateCommon reports "Saturday at 6am EST a billion $1 Tether coins were printed.A perfectly round number." Major Tether transactions are in perfectly round numbers. This alone attracts suspicion. For comparison purposes Bernie Madoff's alleged earnings were uniform as well.Jun 04, 2022 · A study from the Federal Trade Commission released Friday shows that Americans have lost over $1 billion to crypto-related scams since January 2021.In raw numbers, that’s over 46,000 people who ... Tether Printing $3 Billion for Dip Cashouts. The combined value of the crypto market has dropped from above US$2.4 trillion to $2.1 trillion, with bitcoin itself now falling below a US$1 trillion market cap, meaning that a lot of cryptocurrencies left the market and were converted to stablecoins or fiat. According to Whale Alert, the Tether ...May 04, 2020 · Last month, several reports from Whale Alert, a platform that tracks large crypto transactions, suggested that Tether printed about 1.58 billion USDT (appr. $1.59 billion) in April alone. At the time, the issuer of the dollar-pegged stablecoin reportedly minted about 480 million USDT in the first two weeks of April. May 24, 2022 · Ever since the cryptocurrency market crashed earlier in May, Tether has paid out $10 billion in withdrawals to investors, causing the stablecoin to lose hold of its dollar peg. $1 billion of tether was redeemed at the weekend, and $1.5 billion was claimed three days before that, reported by the Guardian. Even though the stablecoin has regained its dollar peg and its issuer has vowed to ... Sep 14, 2020 · With the development, the total supply of TRON-based TRC-20 Tether tokens will reduce from $3.3 billion to $2.3 billion, thus increasing Ethereum’s ERC-20-based Tether supply to $9.5 billion. This comes less than a month after Tether announced moving $1 billion worth of USDT tokens from the Justin Sun’s-led blockchain platform to Ethereum. Since April the supply of Tether has increased by $1.6 billion or 80 percent, while the Bitcoin price has doubled that with a 160% return. (They printed $250 million more while I was writing this discussion piece). And research from the University of Texas at Austin claimed a correlation between the two drove the 2017 crypto boom.Jan 03, 2022 · Tether Holdings Ltd. has assets totaling at least $69 billion as of Sept. 30. That includes $30.6 billion in commercial paper and certificates of deposit, $7.2 billion in cash, almost $1 billion ... Oct 07, 2021 · Updated Oct 7, 2021 at 6:35 a.m. PDT. Celsius CEO Alex Mashinsky (CoinDesk archives) Tether, issuer of the eponymous stablecoin, has loaned $1 billion to Celsius Network, a crypto lender that has ... Sep 14, 2020 · With the development, the total supply of TRON-based TRC-20 Tether tokens will reduce from $3.3 billion to $2.3 billion, thus increasing Ethereum’s ERC-20-based Tether supply to $9.5 billion. This comes less than a month after Tether announced moving $1 billion worth of USDT tokens from the Justin Sun’s-led blockchain platform to Ethereum. Oct 07, 2021 · Updated Oct 7, 2021 at 6:35 a.m. PDT. Celsius CEO Alex Mashinsky (CoinDesk archives) Tether, issuer of the eponymous stablecoin, has loaned $1 billion to Celsius Network, a crypto lender that has ... Mr Chandrasekaran said the group had been embroiled in two years of discussions on obtaining 1.5 billion pounds ($1.8 billion) from London and forecast an accord within 12 months. But he added ...Nov 07, 2021 · In a recent tweet, Tether announced that it was partnering with a 3 rd party to perform a chain swap of Tron TRC20 to Ethereum ERC20 for 1 billion USDT. In few minutes Tether will coordinate with a 3rd party to perform a chain swap (converting from Tron TRC20 to Ethereum ERC20) for 1B USDt. Dec 06, 2017 · Print article. Tether: The $1 billion mystery near the heart of the biggest bitcoin exchange. Matthew Leising. Updated Dec 6, 2017 – 7.23am, first published at 7.08am. Save. Apr 28, 2020 · 👉 Tether Has Now Minted Over $1 Billion USDT This Month. Stablecoin company Tether have now printed more than $1 billion worth of USDT this month alone – its greatest single-month rise ever. The milestone was hit as Tether minted 240 million USDT on Monday morning, followed by another 89 million today. The most recent minting exercise of $1 billion USDT was done on the Tron blockchain, which is currently the most demanded form of USDT. — Whale Alert (@whale_alert) May 9, 2022 According to data on the current $1 billion USDT mintings, Tether has a circulating supply of $83.2 billion and a 24-hour trading volume of $73.78 billion, according ...May 12, 2022 · Tether announced in a tweet that 1 billion USDT will be transferred from Tron’s blockchain to Ethereum. An additional 20 million USDT will be converted to Avalanche, on the other hand. Tether claims that this will have no effect on the stablecoin’s total supply. In few minutes Tether will coordinate with a 3rd party to perform a chain swap ... Oct 31, 2018 · Coupled with the fact that the USDT price is currently trading at a discount to its supposed $1.00 valuation, tether’s market cap has dropped by more than $1 billion this month and more than 37 percent from its all-time high. Source: CoinMarketCap May 09, 2022 · The most recent minting exercise of $1 billion USDT was done on the Tron blockchain, which is currently the most demanded form of USDT. — Whale Alert (@whale_alert) May 9, 2022 According to data on the current $1 billion USDT mintings, Tether has a circulating supply of $83.2 billion and a 24-hour trading volume of $73.78 billion, according ... Sep 09, 2021 · Tether Printing $3 Billion for Dip Cashouts. The combined value of the crypto market has dropped from above US$2.4 trillion to $2.1 trillion, with bitcoin itself now falling below a US$1 trillion market cap, meaning that a lot of cryptocurrencies left the market and were converted to stablecoins or fiat. According to Whale Alert, the Tether ... Oct 08, 2020 · A closer look at Tether’s $1 billion Bitfinex-to-Binance swap. A Tether swap worth $1 billion and involved Bitfinex, Binance, and Tron blockchain happened on Aug 20. Tether stablecoin burned some of its supply on one blockchain only to mint it anew on another one. May 23, 2021 · The skeptics and critics find it unacceptable that these businesses would give over $1 billion to money launderers and NEVER SIGN A CONTRACT. The traders find that to be acceptable behavior. The skeptics and critic find it unacceptable that a business that promises to be backed 1:1 by cash always only is backed by 3% cash. The traders find that ... Over the past day, the price of Bitcoin has grown by 3% and reached $58,000. Altcoins followed the growth dynamics of Bitcoin and also increased in price. Tether has released 2 new batches of 500 million USDT each.$1B moved for $0.02 fee on Binance, $600M of Tether printed, $200M in DeFi lending; plus 14 short takes on top developments ... to Binance Chain's $1.2 billion money movement for 2 cents. The ...Mar 24, 2022 · Tether is closing in on $100 billion as its market cap surpasses $80 billion for the first time since its inception in 2015. The USD pegged token has now regained top three position, with it standing below just bitcoin and ethereum as the dollar goes crypto. @StateCommon reports "Saturday at 6am EST a billion $1 Tether coins were printed.A perfectly round number." Major Tether transactions are in perfectly round numbers. This alone attracts suspicion. For comparison purposes Bernie Madoff's alleged earnings were uniform as well.May 16, 2022 · Digital investors have withdrawn savings in the “stablecoin” tether worth $7.6bn (£6.2bn) since the cryptocurrency crisis began last week, suggesting the company has paid out a sum almost ... Jun 15, 2022 · Elon Musk reportedly wanted to entrust his fortune to a 34-year-old former pro gambler who dropped out of college to smoke weed May 12, 2022 · The price of Tether tokens quickly rebounded to more than $0.99 and Tether said it was continuing to honor redemption requests that reached 2 billion tokens on May 12 at a 1-to-1 ratio to the U.S ... USDT to USD rate today is $1.002 and has increased 0.1% from $1.00 since yesterday. Tether (USDT) is on a upward monthly trajectory as it has increased 0.2% from $0.999513 since 1 month (30 days) ago. 1h.Over the past day, the price of Bitcoin has grown by 3% and reached $58,000. Altcoins followed the growth dynamics of Bitcoin and also increased in price. Tether has released 2 new batches of 500 million USDT each.Tether (cryptocurrency) Tether (often referred to by one of its currency codes, USD₮ ), is an asset-backed cryptocurrency stablecoin. It was launched by the company Tether Limited Inc. in 2014. [4] Tether Limited is owned by the Hong Kong -based company iFinex Inc., which also owns the Bitfinex cryptocurrency exchange. [5] Since April the supply of Tether has increased by $1.6 billion or 80 percent, while the Bitcoin price has doubled that with a 160% return. (They printed $250 million more while I was writing this discussion piece). And research from the University of Texas at Austin claimed a correlation between the two drove the 2017 crypto boom.The ongoing correlation appears to indicate that Bitcoin is about to rise more than it ever has in the past. And its got crypto investors watching the USDT supply like a hawk for the next major printing and pump in Bitcoin. Today, an alert got the community up in arms when another $1 billion in Tether was said to be printed.The June report additional discovered that total money and money equivalents have been $ 53.3 billion, together with $ 30.8 billion in business paper and certificates of deposit and $ 6.2 billion in money and financial institution deposits , $ 1 billion in reverse return bonds and $ 15.2 billion in Treasury payments. ... Tether first printed ...Mar 24, 2022 · Tether’s Market Cap Surpasses $80 Billion, Prints $1 Billion 24/03/2022 14:33 No comments Tether is closing in on $100 billion as its market cap surpasses $80 billion for the first time since its inception in 2015. The USD pegged token has now regained top three position, with it standing below just bitcoin and ethereum as the dollar goes crypto. Apr 28, 2020 · 👉 Tether Has Now Minted Over $1 Billion USDT This Month. Stablecoin company Tether have now printed more than $1 billion worth of USDT this month alone – its greatest single-month rise ever. The milestone was hit as Tether minted 240 million USDT on Monday morning, followed by another 89 million today. May 25, 2021 · The recent being the 1 billion printed on 24th May. In an address by Tether, the driving force for it’s progress has been it’s desirability by organizations and businesses boosting its market worth with an addition of $10 billion monthly. Tether ranks amongst the highest cryptocurrencies by exchange value. He explains why $5 billion of Tether has been printed since January, and whether it could reach $100 billion. He also looks at the exodus of Bitcoin from crypto exchange Bitfinex. Tether and Bitfinex CTO Paolo Ardoino today revealed why Tether has minted $5 billion in the last six months, more than at any point in the company's history.Tether Settles a $1 Trillion Lawsuit Regarding Manipulation. Tanvir Zafar. September 30, 2021, 5:42 AM · 2 min read. The U.S District Judge Katherine Polk Failla, who was in charge of the case ...Aug 13, 2018 · With this move, Tether now has a $2.4 billion market cap, which has brought it to become the 9th most valuable cryptocurrency. During a previous Tether issuance, Charlie Lee, a well-known cryptocurrency personality and founder of the Litecoin project, pointed out that the printing of USDT likely is a bullish sign. Mar 12, 2022 · Increasing the total supply of Ethereum to $8.5 billion and reducing that of Tron from $4.30 billion to $3.30 billion on the first swap, the existing supply on Ethereum will now increase by $1 billion, while Tron drops to $2.30 billion after the swap is successfully carried out. Nov 10, 2021 · Tether sent Heka more than $1.5 billion in USDT. $1.1 billion (71%) of that was distributed in the past year. Heka received about 1.5% of all Tether ever distributed. Heka is primarily a cryptocurrency trading operation. So, naturally it requested Tether directly to the various exchanges it inhabits. Overall, Heka utilized: at least $1.05 ... Apr 30, 2020 · According to Tether’s own transparency report, the total amount of assets has now reached close to $7.6 billion. For comparison, Tether topped $7 billion just 10 days ago. The expansion of USDT has been happening at an unprecedented rate. On April 21, BeInCrypto reported $1 billion had been issued then in just the prior 25 days. Although there have been reports that Tether's influence has pushed up Bitcoin's price in the past, a recent report casts doubt on those claims. So far this year, Tether has printed $2.7 billion USDT in total, with $120 million in February and $1.4 billion in March. At the same time, other stablecoins have seen much less activity.Nov 07, 2021 · In a recent tweet, Tether announced that it was partnering with a 3 rd party to perform a chain swap of Tron TRC20 to Ethereum ERC20 for 1 billion USDT. In few minutes Tether will coordinate with a 3rd party to perform a chain swap (converting from Tron TRC20 to Ethereum ERC20) for 1B USDt. Tether gets printed when people deposit USD and get USDT back. This USDT will then be used to buy crypto. This is similar to someone depositing $250MM to exchanges. ... The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin. The company explained in a filing ...Tether Crypto Price Drops From $1 Amid Market Frenzy. ... the network has expressed plans to move 1 billion USDT from the Tron ... Article printed from InvestorPlace Media, https://investorplace ...Mar 24, 2022 · Tether’s Market Cap Surpasses $80 Billion, Prints $1 Billion 24/03/2022 14:33 No comments Tether is closing in on $100 billion as its market cap surpasses $80 billion for the first time since its inception in 2015. The USD pegged token has now regained top three position, with it standing below just bitcoin and ethereum as the dollar goes crypto. Apr 30, 2020 · According to Tether’s own transparency report, the total amount of assets has now reached close to $7.6 billion. For comparison, Tether topped $7 billion just 10 days ago. The expansion of USDT has been happening at an unprecedented rate. On April 21, BeInCrypto reported $1 billion had been issued then in just the prior 25 days. Jun 24, 2020 · From April 1, 2020, to April 30, accumulated records from Whale Alert, a platform that tracks large crypto transactions from and to exchanges, revealed that the Tether Treasury printed a total of 1.58 billion USDT worth just shy of $1.59 billion. Tether minted 480 million USDT tokens in the first two weeks of April, and 1.1 billion tokens were ... Nov 07, 2021 · In a recent tweet, Tether announced that it was partnering with a 3 rd party to perform a chain swap of Tron TRC20 to Ethereum ERC20 for 1 billion USDT. In few minutes Tether will coordinate with a 3rd party to perform a chain swap (converting from Tron TRC20 to Ethereum ERC20) for 1B USDt. Happy Monday and welcome to Popcorn - internet's most interesting crypto newsletter. 🍿🍿🍿 We have a problem. On December 4th, 2021 Tether created $1,500,000,000 worth of USDT out of thin air. That's $1.5 BILLION. Nowhere it is documented where the money which was just created comes from and where it actually went.May 25, 2021 · The recent being the 1 billion printed on 24th May. In an address by Tether, the driving force for it’s progress has been it’s desirability by organizations and businesses boosting its market worth with an addition of $10 billion monthly. Tether ranks amongst the highest cryptocurrencies by exchange value. Tether is closing in on $100 billion as its market cap surpasses $80 billion for the first time since its inception in 2015.The USD pegged token has now regained top three position, ... Some $3 billion has been printed and has entered circulation since last month as can be seen in the featured image above.The previous record of 1.5 billion USDT was set the week before last. Tether printed two billion dollar-backed tokens last week, a new record for the leading stablecoin project. Over 24.6 billion ...Over $1.4 Trillion in Damages. The amount of influence over the crypto market that the lawsuit assigns to the stablecoin is incredible. It states that from 2017 to 2018, Tether printed 2.8 billion USDT and used it to flood the Bitfinex exchange which artificially inflated demand for cryptocurrencies and caused prices to spike. Economists cited ...Sep 14, 2020 · With the development, the total supply of TRON-based TRC-20 Tether tokens will reduce from $3.3 billion to $2.3 billion, thus increasing Ethereum’s ERC-20-based Tether supply to $9.5 billion. This comes less than a month after Tether announced moving $1 billion worth of USDT tokens from the Justin Sun’s-led blockchain platform to Ethereum. Tether gets printed when people deposit USD and get USDT back. This USDT will then be used to buy crypto. This is similar to someone depositing $250MM to exchanges. ... The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin. The company explained in a filing ...Tether claims that "Institution Investors" are what drive the creation of $1 Tether coins. * Saturday at 6am EST a billion $1 Tether coins were printed. A perfectly round number. * In the next 6 hours, 1/2b $1 coin Tethers went to Bitfinex *Bitfinex owns Tether#TetherScam — CommonState (@StateCommon) May 22, 2021Tether printed two billion dollar-backed tokens last week, a new record for the leading stablecoin project. Over 24.6 billion tethers now circulate across Ethereum, Tron and Bitcoin's Omni Layer ...Nov 14, 2021 · The ongoing correlation appears to indicate that Bitcoin is about to rise more than it ever has in the past. And its got crypto investors watching the USDT supply like a hawk for the next major printing and pump in Bitcoin. Today, an alert got the community up in arms when another $1 billion in Tether was said to be printed. USDT to USD rate today is $1.002 and has increased 0.1% from $1.00 since yesterday. Tether (USDT) is on a upward monthly trajectory as it has increased 0.2% from $0.999513 since 1 month (30 days) ago. 1h.Print. Tumblr. Telegram. StumbleUpon. VK. Digg. LINE. Viber. A closer look at Tether's $1 billion Bitfinex-to-Binance swap. A Tether swap worth $1 billion and involved Bitfinex, Binance, and Tron blockchain happened on Aug 20. Tether stablecoin burned some of its supply on one blockchain only to mint it anew on another one. While this may ...Apr 28, 2020 · In brief Tether has now minted $1 billion in USDT this month. Tether is now gaining on XRP as the third-largest cryptocurrency. The price of Bitcoin has gone up 20% this month. The Tether treasury has minted just shy of $1 billion in USDT stablecoins this month, pushing its market cap to over $7.5 billion for the first time. Dec 05, 2017 · Tether's website makes a claim that's unusual among cryptocurrencies: "every tether is always backed 1-to-1 by traditional currency held in our reserves." The site also says each tether can be ... The recent being the 1 billion printed on 24th May. In an address by Tether, the driving force for it's progress has been it's desirability by organizations and businesses boosting its market worth with an addition of $10 billion monthly. Tether ranks amongst the highest cryptocurrencies by exchange value.Tether treasury printed a billion-dollar value of USDT on November 26, the identical day the crypto market fell sharply as a result of Covid-19 new variant induced fears within the inventory market. Notorious crypto Twitter account that goes by the title of Mr. Whale claimed that Tether treasury minted $1 billion out of skinny air.Investors have withdrawn over $10 billion worth of Tether in the past two weeks, over heightened concern and regulatory scrutiny around the stablecoin. Tether USDTUSD, , the largest stablecoin by ...May 04, 2020 · Last month, several reports from Whale Alert, a platform that tracks large crypto transactions, suggested that Tether printed about 1.58 billion USDT (appr. $1.59 billion) in April alone. At the time, the issuer of the dollar-pegged stablecoin reportedly minted about 480 million USDT in the first two weeks of April. May 09, 2022 · The most recent minting exercise of $1 billion USDT was done on the Tron blockchain, which is currently the most demanded form of USDT. — Whale Alert (@whale_alert) May 9, 2022 According to data on the current $1 billion USDT mintings, Tether has a circulating supply of $83.2 billion and a 24-hour trading volume of $73.78 billion, according ... Tether boasted a $1 billion market capitalization when Bitcoin hit $20,000 at the end of 2017. This year, it's a $70 billion-plus powerhouse. ... Tether has printed more than $4 billion worth of its stablecoin, bringing the total USDT in circulation to nearly $75 billion. Follow us on Twitter for more informed crypto news. Got queries about ...The ongoing correlation appears to indicate that Bitcoin is about to rise more than it ever has in the past. And its got crypto investors watching the USDT supply like a hawk for the next major printing and pump in Bitcoin. Today, an alert got the community up in arms when another $1 billion in Tether was said to be printed.Print article. Tether: The $1 billion mystery near the heart of the biggest bitcoin exchange. Matthew Leising. Updated Dec 6, 2017 - 7.23am, first published at 7.08am. Save.Tether has added to the market some $1 billion worth of tokenized dollars since last month, with its market cap now surpassing $16 billion. Some $150 million was printed just this Tuesday, with the dollar pegged token continuing its march as it maintains third position among all cryptos, significantly surpassing XRP's $11 billion market cap ...Tether printed two billion dollar-backed tokens last week, a new record for the leading stablecoin project. Over 24.6 billion tethers now circulate across Ethereum, Tron and Bitcoin's Omni Layer ...Nov 29, 2020 · The market capitalization of leading stablecoin Tether (USDT) has been on a roller coaster ride after surging by $1 billion in a record 9 days to hit $19 billion. Since the start of 2020, its market capitalization has been on a continuous rally, according to Tether and Bitfinex CTO Paolo Ardoino. USDT's increased supply The recent being the 1 billion printed on 24th May. In an address by Tether, the driving force for it's progress has been it's desirability by organizations and businesses boosting its market worth with an addition of $10 billion monthly. Tether ranks amongst the highest cryptocurrencies by exchange value.Tether (often referred to by one of its currency codes, USD₮), is an asset-backed cryptocurrency stablecoin.It was launched by the company Tether Limited Inc. in 2014. Tether Limited is owned by the Hong Kong-based company iFinex Inc., which also owns the Bitfinex cryptocurrency exchange. As of July 2022, Tether Limited minted the USDT stablecoin on ten protocols and blockchains.Tether Holdings Ltd. has assets totaling at least $69 billion as of Sept. 30. That includes $30.6 billion in commercial paper and certificates of deposit, $7.2 billion in cash, almost $1 billion ...Jan 17, 2022 · Happy Monday and welcome to Popcorn - internet’s most interesting crypto newsletter. 🍿🍿🍿 We have a problem. On December 4th, 2021 Tether created $1,500,000,000 worth of USDT out of thin air. That’s $1.5 BILLION. Nowhere it is documented where the money which was just created comes from and where it actually went. Jun 04, 2022 · A study from the Federal Trade Commission released Friday shows that Americans have lost over $1 billion to crypto-related scams since January 2021.In raw numbers, that’s over 46,000 people who ... In 2021 year-to-date, USDC has printed $16.7 billion in "stablecoin" tokens and currently has $20.62 billion tokens outstanding. In comparison, so far in 2021 year-to-date, USDT has printed $39.3 billion in "stablecoin" tokens and currently has $60.24 billion tokens outstanding. USDC's tokens outstanding have increased by 426% year-to-date in 2021.Tether got barred from doing business in New York under the terms of the settlement agreement. Bitfinex and Tether did not admit wrongdoing, but the court fined them $18.5 million.Nov 07, 2021 · In a recent tweet, Tether announced that it was partnering with a 3 rd party to perform a chain swap of Tron TRC20 to Ethereum ERC20 for 1 billion USDT. In few minutes Tether will coordinate with a 3rd party to perform a chain swap (converting from Tron TRC20 to Ethereum ERC20) for 1B USDt. According to Beincrypto, USDT appears to be one of the market's most actively used stablecoin, with a market cap of over $62 billion (~£45 billion).The nearest competitor is USD Coin (USDC) with only $27 billion (~£19 billion) of market cap. Tether has a rather mixed reputation due to numerous legal scandals with Bitfinex.Sep 14, 2020 · With the development, the total supply of TRON-based TRC-20 Tether tokens will reduce from $3.3 billion to $2.3 billion, thus increasing Ethereum’s ERC-20-based Tether supply to $9.5 billion. This comes less than a month after Tether announced moving $1 billion worth of USDT tokens from the Justin Sun’s-led blockchain platform to Ethereum. In a previous report, Tether created a whopping 1.58 billion USDT (appr. $1.586 billion) in April alone, making it one of the busiest months for the company's Treasury in terms of minting new tokens. The company printed 220 million USDT ($220.4 million) on Thursday alone, and 100 million USDT ($99.8 million) more today. If the stablecoin's ...A new sign of the possible market recovery, according to Litecoin's Charlie Lee, has finally arrived. Tether's decision to print around $250 million more tokens might be an indication that the change in the market is about to come. ... Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC. Blogs 4 years ago. Bitcoin Cash (BCH) and Ripple ...May 09, 2022 · The most recent minting exercise of $1 billion USDT was done on the Tron blockchain, which is currently the most demanded form of USDT. — Whale Alert (@whale_alert) May 9, 2022 According to data on the current $1 billion USDT mintings, Tether has a circulating supply of $83.2 billion and a 24-hour trading volume of $73.78 billion, according ... Friday's letter argued that, given Tether only issued $1.2 billion of its currency during the "bubble period" from March to December 2017 and a total of $860 billion worth of Bitcoin was traded on ...Oct 08, 2020 · A closer look at Tether’s $1 billion Bitfinex-to-Binance swap. A Tether swap worth $1 billion and involved Bitfinex, Binance, and Tron blockchain happened on Aug 20. Tether stablecoin burned some of its supply on one blockchain only to mint it anew on another one. Jun 15, 2022 · Elon Musk reportedly wanted to entrust his fortune to a 34-year-old former pro gambler who dropped out of college to smoke weed May 23, 2021 · The skeptics and critics find it unacceptable that these businesses would give over $1 billion to money launderers and NEVER SIGN A CONTRACT. The traders find that to be acceptable behavior. The skeptics and critic find it unacceptable that a business that promises to be backed 1:1 by cash always only is backed by 3% cash. The traders find that ... May 23, 2021 · The skeptics and critics find it unacceptable that these businesses would give over $1 billion to money launderers and NEVER SIGN A CONTRACT. The traders find that to be acceptable behavior. The skeptics and critic find it unacceptable that a business that promises to be backed 1:1 by cash always only is backed by 3% cash. The traders find that ... After the launch of another 250 million tokens, the total supply of USDT amounted to over $ 2.85 billion worth of cryptocurrency, influencing to a larger extent the crypto market. The USDT's share increased by over 22% compared to the period before the latest printing. Of the total USDT transactions, around 30% were used in pair with Ethereum ...Tether treasury printed a billion-dollar value of USDT on November 26, the identical day the crypto market fell sharply as a result of Covid-19 new variant induced fears within the inventory market. Notorious crypto Twitter account that goes by the title of Mr. Whale claimed that Tether treasury minted $1 billion out of skinny air.In 2021 alone, for instance, the company has printed $48 billion worth of USDT. This is 240 percent more than was available in January. But this is just the tip of the iceberg when it comes to Tether's controversies. Its biggest is the claim that all its USDT is backed 1:1 by U.S dollars in reserve.Oct 13, 2021 · In 2021 alone, for instance, the company has printed $48 billion worth of USDT. This is 240 percent more than was available in January. But this is just the tip of the iceberg when it comes to Tether’s controversies. Its biggest is the claim that all its USDT is backed 1:1 by U.S dollars in reserve. Mar 28, 2022 · Stablecoin printer reports that since the beginning of this month, Tether has been minting large volumes of USDT to match cryptocurrency traders’ conversion demands, with over $1.1 billion minted between March 24, 2022, and March 29, 2022. Overall, Tether has minted above $1.8B USDT in March. USDT Market Capitalization Surges Mar 28, 2022 · Stablecoin printer reports that since the beginning of this month, Tether has been minting large volumes of USDT to match cryptocurrency traders’ conversion demands, with over $1.1 billion minted between March 24, 2022, and March 29, 2022. Overall, Tether has minted above $1.8B USDT in March. USDT Market Capitalization Surges The latest issuance of $1 billion USDT has created a similar controversy especially given the crypto market is bleeding. Tether treasury printed a billion-dollar worth of USDT on November 26, the same day the crypto market fell sharply due to Covid-19 new variant induced fears in the stock market.In 2021 alone, for instance, the company has printed $48 billion worth of USDT. This is 240 percent more than was available in January. But this is just the tip of the iceberg when it comes to Tether's controversies. Its biggest is the claim that all its USDT is backed 1:1 by U.S dollars in reserve.May 12, 2022 · Vignesh Karunanidhi. May 12, 2022. Source: Binance News. In a recent announcement, Tether revealed that it is performing a chain swap where $1 billion USDT will be transferred to Ethereum and $20 million USDT to Avalanche. The announcement is following the latest developments in the stablecoins realm. It announced that the team would be ... Vignesh Karunanidhi. May 12, 2022. Source: Binance News. In a recent announcement, Tether revealed that it is performing a chain swap where $1 billion USDT will be transferred to Ethereum and $20 million USDT to Avalanche. The announcement is following the latest developments in the stablecoins realm. It announced that the team would be ...Happy Monday and welcome to Popcorn - internet's most interesting crypto newsletter. 🍿🍿🍿 We have a problem. On December 4th, 2021 Tether created $1,500,000,000 worth of USDT out of thin air. That's $1.5 BILLION. Nowhere it is documented where the money which was just created comes from and where it actually went.Tether Ltd printed a total of USDT 300 million Wednesday and this brought the total coins created to 540 million in the last three ... data shows that XRP's on-chain volume rose to $1.75 billion.The latest financial disclosure from Tether, which serves as a controversial foundation for much of the cryptocurrency market, didn't shed any more light on where its reserves are held. Tether Holdings Ltd. had assets totaling at least $69 billion as of Sept. 30, according to an assurance from Cayman Islands-based Moore Cayman. That includes $30.6 billion in commercial paper and certificates ...Apr 09, 2021 · Over the past day, the price of Bitcoin has grown by 3% and reached $58,000. Altcoins followed the growth dynamics of Bitcoin and also increased in price. Tether has released 2 new batches of 500 million USDT each. Nov 03, 2018 · Just after announcing its new banking partner, controversial stablecoin Tether has published a letter from the bank confirming the availability of more than $1.8 billion in firm's account. Print. Tumblr. Telegram. StumbleUpon. VK. Digg. LINE. Viber. A closer look at Tether's $1 billion Bitfinex-to-Binance swap. A Tether swap worth $1 billion and involved Bitfinex, Binance, and Tron blockchain happened on Aug 20. Tether stablecoin burned some of its supply on one blockchain only to mint it anew on another one. While this may ...The most recent minting exercise of $1 billion USDT was done on the Tron blockchain, which is currently the most demanded form of USDT. — Whale Alert (@whale_alert) May 9, 2022 According to data on the current $1 billion USDT mintings, Tether has a circulating supply of $83.2 billion and a 24-hour trading volume of $73.78 billion, according ...May 12, 2022 · Tether announced in a tweet that 1 billion USDT will be transferred from Tron’s blockchain to Ethereum. An additional 20 million USDT will be converted to Avalanche, on the other hand. Tether claims that this will have no effect on the stablecoin’s total supply. In few minutes Tether will coordinate with a 3rd party to perform a chain swap ... After the launch of another 250 million tokens, the total supply of USDT amounted to over $ 2.85 billion worth of cryptocurrency, influencing to a larger extent the crypto market. The USDT's share increased by over 22% compared to the period before the latest printing. Of the total USDT transactions, around 30% were used in pair with Ethereum ...Apr 09, 2021 · Over the past day, the price of Bitcoin has grown by 3% and reached $58,000. Altcoins followed the growth dynamics of Bitcoin and also increased in price. Tether has released 2 new batches of 500 million USDT each. Nov 07, 2021 · In a recent tweet, Tether announced that it was partnering with a 3 rd party to perform a chain swap of Tron TRC20 to Ethereum ERC20 for 1 billion USDT. In few minutes Tether will coordinate with a 3rd party to perform a chain swap (converting from Tron TRC20 to Ethereum ERC20) for 1B USDt. May 12, 2022 · Tether announced in a tweet that 1 billion USDT will be transferred from Tron’s blockchain to Ethereum. An additional 20 million USDT will be converted to Avalanche, on the other hand. Tether claims that this will have no effect on the stablecoin’s total supply. In few minutes Tether will coordinate with a 3rd party to perform a chain swap ... Sep 14, 2020 · Tether is prepared to swap another $1 billion USDT from Tron to the Ethereum network. In an official announcement made on Twitter, the network revealed: “Tomorrow, Tether will coordinate with a 3rd party to perform two chain swaps (conversion from Tron to ERC20 protocol) for 1B USDt. [Tether’s] total supply will not change during the ... In 2021 alone, for instance, the company has printed $48 billion worth of USDT. This is 240 percent more than was available in January. But this is just the tip of the iceberg when it comes to Tether's controversies. Its biggest is the claim that all its USDT is backed 1:1 by U.S dollars in reserve.With the current market capitalization of USDT pegged around $81.42 billion, it implies that there are around 81.4 billion USDT coins in circulation since one unit of the stablecoin is pegged at $1. The market cap is of Tether jumps more than $1 Billion from March 26th to 27th, according to coinmarketcap.Tether (cryptocurrency) Tether (often referred to by one of its currency codes, USD₮ ), is an asset-backed cryptocurrency stablecoin. It was launched by the company Tether Limited Inc. in 2014. [4] Tether Limited is owned by the Hong Kong -based company iFinex Inc., which also owns the Bitfinex cryptocurrency exchange. [5] In May 2021, Tether printed about 11 billion USD in net money, including about 5 billion on Ether and 6 billion on the Wavefield chain. Market News. OKEx trading big data shows that the total position of BTC contract today is 1.377 billion USD, the number of long and short positions is 1.35, the active buying volume exceeds the active selling ...May 09, 2022 · The most recent minting exercise of $1 billion USDT was done on the Tron blockchain, which is currently the most demanded form of USDT. — Whale Alert (@whale_alert) May 9, 2022 According to data on the current $1 billion USDT mintings, Tether has a circulating supply of $83.2 billion and a 24-hour trading volume of $73.78 billion, according ... The June report additional discovered that total money and money equivalents have been $ 53.3 billion, together with $ 30.8 billion in business paper and certificates of deposit and $ 6.2 billion in money and financial institution deposits , $ 1 billion in reverse return bonds and $ 15.2 billion in Treasury payments. ... Tether first printed ...Tether treasury printed a billion-dollar worth of USDT on November 26, the same day the crypto market fell sharply due to Covid-19 new variant induced fears in the stock market. Infamous crypto Twitter account that goes by the name of Mr. Whale claimed that Tether treasury minted $1 billion out of thin air.A new sign of the possible market recovery, according to Litecoin's Charlie Lee, has finally arrived. Tether's decision to print around $250 million more tokens might be an indication that the change in the market is about to come. ... Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC. Blogs 4 years ago. Bitcoin Cash (BCH) and Ripple ...Oct 21, 2020 · Tether has added to the market some $1 billion worth of tokenized dollars since last month, with its market cap now surpassing $16 billion. Some $150 million was printed just this Tuesday, with the dollar pegged token continuing its march as it maintains third position among all cryptos, significantly surpassing XRP’s $11 billion market cap ... Tether boasted a $1 billion market capitalization when Bitcoin hit $20,000 at the end of 2017. This year, it's a $70 billion-plus powerhouse. ... Tether has printed more than $4 billion worth of its stablecoin, bringing the total USDT in circulation to nearly $75 billion. Follow us on Twitter for more informed crypto news. Got queries about ...