Tether Redeems and ‘Burns’ More than Half of USDT in Circulation

apps4steem (36)in #dlike • 6 years ago

Tether says it has “redeemed a significant amount” of tokens from the circulating supply, and will now “destroy” 500 million USDT from its treasury wallet.

Source of shared Link

#dlike-cryptocurrency #tether #stablecoins #steemit

6 years ago in #dlike by apps4steem (36)

Sort:

cadawg (68) 6 years ago

Very interesting move by tether, wondering if they are trying to get unbacked tether out of the system??

$0.00

[-]

introduce.bot (63) 6 years ago

@apps4steem, go and place your daily vote for Steem on netcoins! http://contest.gonetcoins.com/

$0.00

[-]

steemitboard (66) 6 years ago

Congratulations @apps4steem! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 1250 upvotes. Your next target is to reach 1500 upvotes.

_{Click here to view your Board of Honor}
_{If you no longer want to receive notifications, reply to this comment with the word STOP}

Do not miss the last post from @steemitboard:

	Trick or Treat - Publish your scariest halloween story and win a new badge
	SteemitBoard notifications improved

Support SteemitBoard's project! Vote for its witness and get one more award!

$0.00

STEEM 0.25

TRX 0.20

JST 0.036

BTC 95982.42

ETH 3487.66

USDT 1.00

SBD 3.47

Tether Redeems and ‘Burns’ More than Half of USDT in Circulation

Coin Marketplace