Tether

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. Interpretation of this information: The message is simple and straightforward. It reports that Tether, a stable currency issuer, has issued an additional 1 billion USDTs (USD-backed stablecoins) on the wavefield network on March 14, 2021, at 22:29:27 Beijing time. Tether is one of the oldest and most popular stablecoin issuers in the crypto space. Its USDT token is designed to maintain…

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. Interpretation of this information: The latest report from Coingecko reveals an interesting trend in the cryptocurrency market. Specifically, according to data by the firm, the short-term premium of the US dollar-stable currency Tether (USDT) has risen to $1.02. As a result of this development, the current…

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. Interpretation of this information: The recent closure of Signature Bank by regulators in New York State has raised concerns among its customers and clients. However, Tether has moved to reassure its users that…

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. Interpretation of this information: The message indicates that an address owned by Justin Sun, the founder of blockchain platform Tron, received a considerable amount of USDT (Tether stablecoins) from Tether in three consecutive transfers. This operation included the reception of 198 million USDTs…

According to reports, WhaleAlert data showed that 99900099 USDTs (US $100279720) were transferred from Tether Treasury to the address marked as Sun Yuchen. Interpretation of this information: The news of a massive transfer of USDTs (a stablecoin issued by Tether) from Tether Treasury to an address marked as Sun Yuchen has raised eyebrows in the crypto community. WhaleAlert, a web service that tracks significant crypto transactions, reported that the transfer involved a whopping 99,900,099 USDTs, equivalent to approximately 100 million US dollars. There are several implications of this transaction that…

It is reported that according to WhaleAlert data monitoring, 50 million USDTs (about USD 50457500) were transferred from Bitfinex to Tether Treasury. Interpretation of this information: A recent report states that a whopping amount of 50 million USDT (approx. USD 50,457,500) has been transferred from Bitfinex to Tether Treasury. WhaleAlert, a reputable data monitoring firm, was behind the discovery of the transfer. The reason behind the transfer is not clear, but it raises some speculations and possibilities. Bitfinex is one of the leading cryptocurrency exchanges globally, and Tether is the…

According to reports, the CEO of Tether, the stable currency issuer, said that it had no risk exposure in Silicon Valley banks. Interpretation of this information: The CEO of Tether, a major stable currency issuer, has reportedly shared that the company has no risk exposure in any Silicon Valley banks. The statement was made in response to concerns that arose following the recent issues faced by a bank in Silicon Valley. The bank had suspended services to Tether and other cryptocurrency firms in the area, citing concerns over their clients’…

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 address of TBPxhVAsuzoFnKyXtc1o2UySEydPHgATto and the trading hash of 736b90dbaecef982834ad68074cdb674d8efe14aab1998d7ef79b208ef9313d9. Interpretation of this information: The message reports that Tether Treasury, a popular cryptocurrency exchange, has cast 1 billion USDTs (United States Dollar Tethers) in the wave field. The transaction date is mentioned as 22nd February 2021 and the time mentioned is 16:46 UTC. The trading address is given as TBPxhVAsuzoFnKyXtc1o2UySEydPHgATto, and…

On February 14, according to the data of The TIE and CoinGecko, the total market value of stable currency is about 138.5 billion US dollars, Tether’s market share is 49.39%, USDC is 29.76%, and BUSD is 11.63%. Interpretation of this information: The message states that on February 14, the total market value of stable currency was around 138.5 billion US dollars. Stable currency is a type of cryptocurrency whose value is pegged to one or more forms of fiat currency. This makes it more stable and less volatile than other…

According to the report, the data shows that the total market value of the US dollar stable currency is US $138.5 billion at present, with USDT accounting for 49.39%, USDC accounting for 29.76% and BUSD accounting for 11.63%. The proportion of USDT has reached a new high in nearly 14 months. Interpretation of this information: This message is about the current state of the US dollar stable currency market. The report states that at present, the total market value of the US dollar stable currency is US $138.5 billion. A…