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Why USDT Issuances Ensures No Risks From FTX_Alameda

The failure of FTX/Alameda is likely to be a watershed moment in the history of the cryptocurrency industry.
Why USDT Issuances Ensures No Risks From FTX_Alameda

Tether: We Have No Exposure to FTX, Alameda or Genesis

While the FTX situation has been unique in many ways, it does not represent a threat of a risk to Tether.
Tether: We Have No Exposure to FTX, Alameda or Genesis

Tether up on US Treasury Bills, Reduces Commercial Paper Holding

As per the Consolidated Reserves Report (CRR), Tether Group’s total assets as of September 30, 2022, amounted to US$ US$ 68.1 billion, up from US$ 66.4 billion as of June 30, 2022. According to the same report, Tether Group’s consolidated total liabilities amounted to US$ 67.8 billion, up from US$ 66.3 billion as of June 30, 2022. 

Tether Blacklists Mysterious FTX Wallets as Account Drainer Liquidates MATIC, LINK, AVAX Holdings

Over $12 million in chainlink (LINK) tokens were sold in early Asian hours across two transactions, shortly after reports of a hack at FTX. 

Tether Freezes $46M of USDT Held by FTX Following Law-Enforcement Request

Stablecoin issuer Tether has frozen $46 million of USDT held on the Tron blockchain by failing crypto exchange FTX following a request from law enforcement.

82% Of Tether Reserves Held in ‘Extremely Liquid’ Assets, According to Attestation

Stablecoin issuer Tether Holdings Limited published its latest quarterly attestation on Nov. 10, highlighting the “extremely liquid” nature of its assets at a time when crypto markets were reeling from news of FTX’s apparent insolvency. 

Tether Freezes Over $46M of FTX's USDT

Centralized stablecoin issuer Tether has frozen funds belonging to FTX.

Kraken Daily Market Report for November 01 2022

The top five traded coins were, respectively, Tether (↓0.02%), Dogecoin (↑12%), Bitcoin (↓0.05%), Ethereum (↑0.4%), and USD Coin (↓0.01%).
Kraken Daily Market Report for November 01 2022