$182 Million USDT Shifts to Mysterious 'Whale': Tether Treasury's Latest Move
Tether Treasury transfers $182 million USDT to an unknown 'whale', with total transactions now at $2 billion, maintaining market stability.

Tether Treasury transfers $182 million USDT to an unknown 'whale', with total transactions now at $2 billion, maintaining market stability.
Tether Treasury has minted an additional 1 billion USDT, significantly expanding its circulating supply on the Ethereum network.
Tether enhances market stability, minting 1 billion USDT on Ethereum, with CEO Paolo Ardoino ensuring transparency and earmarking funds for future demand.
A report by The Wall Street Journal reveals the alleged illicit acts of Bitfinex and Tether in 2018.
The firm had said it plans to bring its commercial paper holdings to zero by the end of the year.
More than 1,500 users with residences in Iran reportedly had accounts at Kraken as of June, while 149 users in Syria and 83 in Cuba were also able to access the crypto exchange.
The trio launched Holepunch with a vision to bestow control over data while breaking technology monopolies, among others.
With a peso-backed stablecoin, Tether is essentially “recreating the foreign exchange market with a Tether product,” Ardoino said.
Bitfinex and Tether chief technology officer Paolo Ardoino spoke to Cointelegraph about cryptocurrency adoption in Europe.
With the U.K. never having been particularly crypto-friendly, could new regulations and Her Majesty's Treasury’s recent announcements be a game changer?