Tether

Tether has just surpassed a $25B market capitalization! 🎉 with $5B more in one month!

This fantastic milestone is another confirmation for Tether maintaining its number one spot as the most liquid, stable and trusted stablecoin!

5.43K views11:13

Encrypted: #Ep. 78: Tech Scoop on Bitfinex and Tether from Stablecoins to Global Decentralised Liquidity

Hear Paolo Ardoino, CTO at Tether, discuss the incredible success story of Tether tokens (USDt), the most liquid stable and trusted stablecoin⬇️
https://podcast.encrypt-d.com/the-tech-scoop-on-bitfinex-and-tether

Encrypted

USDT, Tether, and everything in between. In this episode, we have the CTO of Bitfinex and Tether, Paolo Ardoino, who shares all you need to know about Bitfinex, and Tether. From discussing the backing of Tether to the future of exchanges and stablecoins,…

4.53K views18:39

Today, in about 4h, an exchange will convert 2B Tether tokens TRC20 to ERC20.
You'll see multiple ERC20 authorisations, followed by TRC20 <=> ERC20 swaps and a final TRC20 burn.
As result of this operation the number of issued Tether tokens in circulation won't change.

Learn more about chain swaps ⬇
https://tether.to/explained-chain-swaps/

5.81K views07:59

First 400M swap ⬇
https://tronscan.org/#/transaction/fc36835b1552f10d075269488deae0b09287c28390a33f1f2e813a5d3187e12c
https://etherscan.io/tx/0x9e9d2b8e277beccfd74d789b68fde07bcc8514c38a072f9dbdf2e37e83d58de0

Please note that a 2B TRC20 USDt burn will happen after additional 3x400M swaps will be completed.
https://twitter.com/paoloardoino/status/1356935115771895810

TRONSCAN is the first blockchain browser in the tron community. It supports multiple login methods and provides a complete browsing and search experience. Experience the tron-ecology in the TRONSCAN blockchain browser.TRONSCAN是首款社区型波场区块链浏览器，它支持多种登录方式，提供完…

4.3K views12:02

2nd authorization (out of 5)

https://t.co/k7UyTBJWmu

2nd authorization (out of 5) ⬇
https://twitter.com/paoloardoino/status/1356939810963881985

Twitter

4.07K views12:26

Second 400M swap ⬇
https://tronscan.org/#/transaction/8404e3e94af22ff107587bba2750ec99587dac71f0376418721f436765ae33d9

https://etherscan.io/tx/0xf6dd27c3592956ab4a5639c852b8538dffdfe618a2d524a70340fc5339f3a5c9

4.16K views12:30

Third 400M swap ⬇
https://tronscan.org/#/transaction/ac1960e05493a8c7667cd97d6127d0aad0b70bb92e4c915e1ee88e6c769bea3e
https://etherscan.io/tx/0xd39bc72b523058bd7ee104a34e8cfcbc71753f7d1eaad3bdf1f0314c3f41f910

(note a 2B TRC20 USDt burn will happen after additional 2x400M swaps will be completed)

4.43K views12:50

Forth 400M swap⬇
https://tronscan.org/#/transaction/28d148c28c2177bf1a88fc961e507a7b0128b4dbec24e90e68581f2f465851aa

https://etherscan.io/tx/0xcfff47068a9b6c1b4453f1508b9dbfacc46f337ad282b011ae8a7afe044d2e85

(note a 2B TRC20 USDt burn will happen after additional 1x400M swaps will be completed)

4.62K views13:01

Fifth 400M swap ⬇
https://tronscan.org/#/transaction/2f1e3323071615e6f6c885d8db72d11794a8f71055a7840f2d6729f8dcc335f9

https://etherscan.io/tx/0x6def065b1c03874af7401624a14da222c49f101745efdb076954485aa2fd2ae9

(note a 2B TRC20 USDt burn will happen in the next 60 minutes)

4.77K views13:19

2B USDt TRC20 have been burnt as a result of Binance 2B TRC20 -> ERC20 swap ⬇
https://tronscan.org/#/transaction/21fb58831f41bff4fb501668a585c31a1f978fe55c5417c59a45f03ac1499045

5.28K views13:38