How far could bitcoin fall before Tether is in trouble?
Tether has made BTC an important part of its reserves, but does that make Tether vulnerable if BTC falls?
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Tether has made BTC an important part of its reserves, but does that make Tether vulnerable if BTC falls?
Read more (2 min) →Tether has been minting USDT and buying bitcoin. MicroStrategy, Trump and others have bought more but why does the price keep crashing?
The former chief of Ukraine's cyber security agency allegedly embezzled $1.7M in state funds and must hand over $1.5M in USDT and BTC.
As of March, Tether's $1.5B in bitcoin was triple the amount of cash in its reserves. This change will likely exacerbate that difference.