The USDT Stablecoins issuer, Tether, revealed that it would reduce its holdings of commercial paper by $5 billion by the end of July 2022, from $8.4 b...
Tether whales rushed to redeem $16 billion in USDT following the collapse of Terra’s algorithmic stablecoin, rivaling history’s largest bank runsThe p...
USDT issuer Tether is shifting its reserves away from commercial paper to low-risk U.S. treasury bills. Tether Cuts Paper Asset Reserves Tether is red...
The stablecoin issuer announced its intentions of removing all commercial paper from its reserves last month as it countered rumors, and it remains on...
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Newly surfaced reports revealed that some hedge funds are now shorting Tether USDT. A Monday report from the Wall Street Journal (WSJ) stated several...
Is investing in dollar-pegged passive income opportunities risky? While it wouldn’t seem so, ask that question to anyone who lost millions of dollars...
Hedge funds that are attempting to make money by shorting the stablecoin tether (USDT) believe in the anti-tether ‘FUD’ (fear, uncertainty, and doubt)...
Tether CTO Paolo Ardoino has identified a coordinated attack on USDT by traditional hedge funds shorting the stablecoin. According to him, this is bei...
Paolo Ardoino alleged some hedge funds are trying to create pressure “in the billions” to “harm Tether liquidity” so that they can eventually buy back...
Paolo Ardoino, CTO of Tether, affirmed today that hedge funds have been attempting to short the USDT stablecoin. CTO Says Funds Failed to Short Tether...