Tether's USDT has fallen slightly below its dollar peg on Thursday morning amid the ongoing uncertainty in crypto markets.
The crypto industry needs to raise its standards in the wake of the implosion of Sam Bankman-Fried’s cryptocurrency exchange FTX, Kraken's Powell says.
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Crypto.com Halts Solana USDC and USDT Deposits, WithdrawalsCrypto exchange cryptocom halted Solana USDC and USDT deposits and withdrawals without explanation. skesslr reports
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Tether's USDT Stablecoin Slips From $1 PegTether's USDT stablecoin lost its peg to the dollar, dropping to levels last reached during May's implosion of Terra and its related UST stablecoin. By shauryamalwa
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Tether, Circle and Coinbase deny having exposure to FTX and AlamedaCircle CEO Jeremy Allaire clarified that the firm has not made loans, received FTX tokens (FTT) as collateral, or taken any positions on FTT.
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Stablecoin Giants Tether, Circle Disclose Financial Relationship With FTX, AlamedaTether and Circle confirmed no exposure to FTX or its sister trading firm Alameda as the liquidity crisis grips the crypto market.
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Tether CTO denies exposure to FTX and Alameda after exchange's forced sale'Tether does not have any exposure to FTX or Alameda,' Ardoino tweeted, adding: '0. Null. Maybe is time to look elsewhere. Sorry guys. Try again.'
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Tether Dominates Curve's 3pool Liquidity With DAI, USDC Accounting for Just 20%Tether accounts for 80% of the total liquidity in Curve's 3pool. While the stablecoin is seeing some volatility, the price remains firmly near the 1:1 U.S. dollar peg,
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