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BNB24h $572.34+0.48%

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Solana24h $77.90+0.65%

TRON24h $0.3291+0.79%

Hyperliquid24h $60.72-2.47%

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UNUS SED LEO24h $9.71-0.11%

History of Tether’s peg: Every time USDT traded above or below one dollar

The price of USDT recently de-pegged from the US dollar following Luna’s collapse. Here’s all the other major times Tether’s peg broke.

Turns out this tiny Bahamas bank is holding some of Tether’s reserves

Tether is usually extremely tight-lipped about where it keeps its assets, but it appears the company holds some funds in the tiny Capital Union bank.

Tether CTO Paolo Ardoino says existing regulations mean the company does not need to release full disclosure of its assets.

After the collapse of Do Kwon’s “20% APY” Anchor protocol, attention is turning to those who did business with Kwon. Step forward Celsius.

Fir Tree, which manages $4 billion in assets, reckons Tether is backed by watery Chinese commercial paper tied to troubled real estate plays.