An insightful podcast about Tether with Gregory Pepin, deputy CEO at Deltec Bank and Trust⬇️
https://youtu.be/rQ3nQ8-KY28

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!

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

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/

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

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

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

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

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)

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)

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)

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

Tether has frozen 1.7M USDt that has been stolen as part of the hack of Yearn DAI v1 vault.
More information can be found here ⬇
https://twitter.com/iearnfinance/status/1357451290561937408

Tether announces loan repayment by Bitfinex ⬇
https://tether.to/tether-announces-loan-repayment-by-bitfinex/

In less than two weeks Tether has just hit another amazing milestone 🎉surpassing a $30B market capitalization🎉

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

🛍 You can now do your shopping using #Tether Tokens for thousands of products through Bitrefill!
Find out more ⬇️
https://bitrefill.medium.com/bitrefill-is-now-accepting-usd-tether-13f411923a91

Tether & Bitfinex have reached a settlement with NewYorkStateAG. After 2.5 years and 2.5M pages of info shared, we admit to no wrongdoing and will pay US$18.5M to resolve this matter.

No finding that Tether ever issued without backing or to impact crypto prices. This settlement shows our commitment to the future of the industry, and to transparency with quarterly disclosures of Tether reserves going forward.

We are pleased to put this behind us. Full statement available below. #onward
https://tether.to/tether-and-bitfinex-reach-settlement-with-new-york-attorney-generals-office/

🎉 Tether now has a $35B market cap!
🚀 #Tether added an additional $14B to its market cap since January 2021. This is more than all other stablecoins current market caps combined.