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The Daily Hodl 2022-07-09 18:45:31

Tether Liquidates Crypto Used As Collateral by Controversial Digital Asset Lending Project

Stablecoin issuer Tether (USDT) says it has liquidated assets used as collateral by beleaguered crypto lending platform Celsius Network (CEL). Tether notes in a new announcement that its portfolio includes an investment in Celsius “representing a minimal part of its shareholders’ equity.” Tether highlights that the investment in Celsius has no correlation to USDT’s reserves […]The post Tether Liquidates Crypto Used As Collateral by Controversial Digital Asset Lending Project appeared first on The Daily Hodl.

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