Altcoins News
By Maheen Hernandez
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There was a lot of criticism doing the rounds about the Tether printing spree the past month.
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Paolo Ardoino is very clear that is not at all difficult to go from $0 to $200 or 300 billion, but he states that after surpassing $100 billion and more, it gets very complicated…
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Sydney Ifergan, the crypto expert tweeted: “Now, we know very clearly than ever that anytime there is a cash craving in exchanges following a market crash more of Tether USDT…
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Paolo Ardoino in the past stated, “I believe that Tether is absorbing part of the cash wealth that is sitting in cash in bank accounts on many other exchanges.”
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Reportedly, about 39 ETH addresses which had more than 7.9 million USDT were blacklisted recently.
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Per Whalepool AMA with BitFinex and Tether CTO, Paolo Ardoino was asked: You have this feature, where you consolidate liquidity across books, why don’t you add Tether to…
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Paolo Ardoino opined that is a good idea, I think it could be done, but the reason why we didn’t do in the first place was that when Bitfinex in 2018 and 2019 decided to remove…
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Then, there was only one other exchange that was offering a market for USD, USDT – it took a long time in order to gain enough liquidity.
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With the FX markets you can sort of adjust the effects once in a while; however, with Tether you will need to do it more frequently because the liquidity that is on the USD and…
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