Ethereum World News 2022-07-08 15:47:49

Tether Liquidated its Loan With Celsius Network Without Losses, Admits it Has an Investment in the Lending Platform

Summary: Tether has released a statement explaining how it liquidated its loan with Celsius Network. According to Tether, the loan was liquidated without losses to the company and according to an agreement by both entities. The loan was denominated in Bitcoin, with some estimates putting its value at $1 Billion. Tether, the company behind the largest stablecoin in terms of market cap, USDT, has released a statement explaining how it liquidated a loan that Celsius Network took out. Tether Liquidated […]

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