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USDT issuer Tether has up to $1.7B in excess reserves, CTO says

March 24, 2023

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  • bitcoinBitcoin(BTC)$28,040.000.820%
    BITCOIN
    24H : 0.820%
    Volume : $24,698,838,865.00
    Marketcap : $541,911,304,814.00
  • ethereumEthereum(ETH)$1,787.131.04%
    ETHEREUM
    24H : 1.04%
    Volume : $13,426,714,921.00
    Marketcap : $214,399,886,689.00
  • tetherTether(USDT)$1.01-0.30%
    TETHER
    24H : -0.30%
    Volume : $40,394,248,590.00
    Marketcap : $78,961,494,826.00
  • binancecoinBNB(BNB)$324.19-1.08%
    BNB
    24H : -1.08%
    Volume : $699,418,804.00
    Marketcap : $50,869,966,551.00
  • usd-coinUSD Coin(USDC)$1.00-0.09%
    USD COIN
    24H : -0.09%
    Volume : $6,553,939,225.00
    Marketcap : $34,568,097,505.00
  • rippleXRP(XRP)$0.430-4.55%
    XRP
    24H : -4.55%
    Volume : $2,079,949,673.00
    Marketcap : $21,918,111,738.00
  • cardanoCardano(ADA)$0.363-3.18%
    CARDANO
    24H : -3.18%
    Volume : $416,402,429.00
    Marketcap : $12,734,703,299.00
  • dogecoinDogecoin(DOGE)$0.075-3.36%
    DOGECOIN
    24H : -3.36%
    Volume : $651,905,098.00
    Marketcap : $10,429,319,170.00
  • staked-etherLido Staked Ether(STETH)$1,776.730.660%
    LIDO STAKED ETHER
    24H : 0.660%
    Volume : $18,557,314.00
    Marketcap : $10,388,127,719.00
  • matic-networkPolygon(MATIC)$1.11-1.38%
    POLYGON
    24H : -1.38%
    Volume : $546,055,699.00
    Marketcap : $10,115,314,233.00
  • solanaSolana(SOL)$21.76-0.54%
    SOLANA
    24H : -0.54%
    Volume : $666,753,571.00
    Marketcap : $8,357,406,875.00
  • binance-usdBinance USD(BUSD)$0.997-0.87%
    BINANCE USD
    24H : -0.87%
    Volume : $5,211,731,189.00
    Marketcap : $8,033,521,185.00
  • polkadotPolkadot(DOT)$6.17-0.95%
    POLKADOT
    24H : -0.95%
    Volume : $223,137,551.00
    Marketcap : $7,488,140,204.00
  • litecoinLitecoin(LTC)$91.780.160%
    LITECOIN
    24H : 0.160%
    Volume : $1,139,906,375.00
    Marketcap : $6,649,175,256.00
  • shiba-inuShiba Inu(SHIB)$0.000011-1.74%
    SHIBA INU
    24H : -1.74%
    Volume : $233,654,785.00
    Marketcap : $6,319,026,398.00
  • tronTRON(TRX)$0.0640.390%
    TRON
    24H : 0.390%
    Volume : $621,235,174.00
    Marketcap : $5,816,906,722.00
  • avalanche-2Avalanche(AVAX)$17.32-1.20%
    AVALANCHE
    24H : -1.20%
    Volume : $253,082,908.00
    Marketcap : $5,647,087,956.00
  • daiDai(DAI)$1.00-0.05%
    DAI
    24H : -0.05%
    Volume : $230,789,427.00
    Marketcap : $5,271,214,534.00
  • uniswapUniswap(UNI)$5.98-3.79%
    UNISWAP
    24H : -3.79%
    Volume : $111,930,872.00
    Marketcap : $4,504,783,824.00
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,943.000.390%
    WRAPPED BITCOIN
    24H : 0.390%
    Volume : $199,832,697.00
    Marketcap : $4,184,956,007.00
  • chainlinkChainlink(LINK)$7.36-0.65%
    CHAINLINK
    24H : -0.65%
    Volume : $384,475,997.00
    Marketcap : $3,615,754,841.00
  • cosmosCosmos Hub(ATOM)$11.43-2.17%
    COSMOS HUB
    24H : -2.17%
    Volume : $149,070,976.00
    Marketcap : $3,345,656,129.00
  • the-open-networkToncoin(TON)$2.14-8.73%
    TONCOIN
    24H : -8.73%
    Volume : $61,213,586.00
    Marketcap : $3,159,264,649.00
  • leo-tokenLEO Token(LEO)$3.390.370%
    LEO TOKEN
    24H : 0.370%
    Volume : $666,475.00
    Marketcap : $3,155,241,850.00
  • moneroMonero(XMR)$160.303.72%
    MONERO
    24H : 3.72%
    Volume : $151,938,763.00
    Marketcap : $2,907,155,653.00
  • ethereum-classicEthereum Classic(ETC)$20.44-2.03%
    ETHEREUM CLASSIC
    24H : -2.03%
    Volume : $195,340,973.00
    Marketcap : $2,859,644,729.00
  • okbOKB(OKB)$44.66-2.24%
    OKB
    24H : -2.24%
    Volume : $39,049,734.00
    Marketcap : $2,686,383,496.00
  • bitcoin-cashBitcoin Cash(BCH)$126.14-2.51%
    BITCOIN CASH
    24H : -2.51%
    Volume : $286,247,856.00
    Marketcap : $2,443,619,841.00
  • stellarStellar(XLM)$0.090-3.62%
    STELLAR
    24H : -3.62%
    Volume : $78,862,120.00
    Marketcap : $2,397,545,940.00
  • filecoinFilecoin(FIL)$5.72-1.46%
    FILECOIN
    24H : -1.46%
    Volume : $336,884,465.00
    Marketcap : $2,343,251,329.00
  • aptosAptos(APT)$12.69-1.68%
    APTOS
    24H : -1.68%
    Volume : $340,954,279.00
    Marketcap : $2,263,449,799.00
  • true-usdTrueUSD(TUSD)$0.993-1.34%
    TRUEUSD
    24H : -1.34%
    Volume : $345,581,293.00
    Marketcap : $2,025,413,524.00
  • lido-daoLido DAO(LDO)$2.18-7.18%
    LIDO DAO
    24H : -7.18%
    Volume : $115,563,143.00
    Marketcap : $1,872,846,709.00
  • hedera-hashgraphHedera(HBAR)$0.061-1.10%
    HEDERA
    24H : -1.10%
    Volume : $36,352,779.00
    Marketcap : $1,839,564,448.00
  • arbitrumArbitrum(ARB)$1.43-71.69%
    ARBITRUM
    24H : -71.69%
    Volume : $2,101,502,511.00
    Marketcap : $1,828,817,397.00
  • quant-networkQuant(QNT)$124.65-1.59%
    QUANT
    24H : -1.59%
    Volume : $23,974,356.00
    Marketcap : $1,814,595,413.00
  • crypto-com-chainCronos(CRO)$0.070-0.11%
    CRONOS
    24H : -0.11%
    Volume : $13,383,605.00
    Marketcap : $1,755,049,446.00
  • nearNEAR Protocol(NEAR)$1.99-0.64%
    NEAR PROTOCOL
    24H : -0.64%
    Volume : $144,145,589.00
    Marketcap : $1,728,382,838.00
  • vechainVeChain(VET)$0.023-0.44%
    VECHAIN
    24H : -0.44%
    Volume : $74,898,760.00
    Marketcap : $1,691,594,786.00
  • blockstackStacks(STX)$1.13-2.66%
    STACKS
    24H : -2.66%
    Volume : $239,007,237.00
    Marketcap : $1,544,805,986.00
  • apecoinApeCoin(APE)$4.120.910%
    APECOIN
    24H : 0.910%
    Volume : $129,497,044.00
    Marketcap : $1,522,013,848.00
  • internet-computerInternet Computer(ICP)$5.09-0.47%
    INTERNET COMPUTER
    24H : -0.47%
    Volume : $38,552,508.00
    Marketcap : $1,517,552,460.00
  • algorandAlgorand(ALGO)$0.213-3.13%
    ALGORAND
    24H : -3.13%
    Volume : $87,156,364.00
    Marketcap : $1,514,923,400.00
  • the-graphThe Graph(GRT)$0.148-3.33%
    THE GRAPH
    24H : -3.33%
    Volume : $101,632,711.00
    Marketcap : $1,320,446,870.00
  • fantomFantom(FTM)$0.472-3.29%
    FANTOM
    24H : -3.29%
    Volume : $482,128,886.00
    Marketcap : $1,309,477,094.00
  • eosEOS(EOS)$1.160.530%
    EOS
    24H : 0.530%
    Volume : $165,256,734.00
    Marketcap : $1,268,245,663.00
  • the-sandboxThe Sandbox(SAND)$0.649-0.82%
    THE SANDBOX
    24H : -0.82%
    Volume : $136,296,089.00
    Marketcap : $1,175,306,939.00
  • decentralandDecentraland(MANA)$0.601-0.53%
    DECENTRALAND
    24H : -0.53%
    Volume : $100,678,117.00
    Marketcap : $1,096,854,062.00
  • elrond-erd-2MultiversX(EGLD)$43.260.460%
    MULTIVERSX
    24H : 0.460%
    Volume : $34,185,427.00
    Marketcap : $1,089,123,736.00
  • immutable-xImmutableX(IMX)$1.17-3.90%
    IMMUTABLEX
    24H : -3.90%
    Volume : $60,203,768.00
    Marketcap : $1,074,765,299.00
  • bitcoinBitcoin(BTC)$28,040.000.820%
    BITCOIN
    24H : 0.820%
    Volume : $24,698,838,865.00
    Marketcap : $541,911,304,814.00
  • ethereumEthereum(ETH)$1,787.131.04%
    ETHEREUM
    24H : 1.04%
    Volume : $13,426,714,921.00
    Marketcap : $214,399,886,689.00
  • tetherTether(USDT)$1.01-0.30%
    TETHER
    24H : -0.30%
    Volume : $40,394,248,590.00
    Marketcap : $78,961,494,826.00
  • binancecoinBNB(BNB)$324.19-1.08%
    BNB
    24H : -1.08%
    Volume : $699,418,804.00
    Marketcap : $50,869,966,551.00
  • usd-coinUSD Coin(USDC)$1.00-0.09%
    USD COIN
    24H : -0.09%
    Volume : $6,553,939,225.00
    Marketcap : $34,568,097,505.00
  • rippleXRP(XRP)$0.430-4.55%
    XRP
    24H : -4.55%
    Volume : $2,079,949,673.00
    Marketcap : $21,918,111,738.00
  • cardanoCardano(ADA)$0.363-3.18%
    CARDANO
    24H : -3.18%
    Volume : $416,402,429.00
    Marketcap : $12,734,703,299.00
  • dogecoinDogecoin(DOGE)$0.075-3.36%
    DOGECOIN
    24H : -3.36%
    Volume : $651,905,098.00
    Marketcap : $10,429,319,170.00
  • staked-etherLido Staked Ether(STETH)$1,776.730.660%
    LIDO STAKED ETHER
    24H : 0.660%
    Volume : $18,557,314.00
    Marketcap : $10,388,127,719.00
  • matic-networkPolygon(MATIC)$1.11-1.38%
    POLYGON
    24H : -1.38%
    Volume : $546,055,699.00
    Marketcap : $10,115,314,233.00
  • solanaSolana(SOL)$21.76-0.54%
    SOLANA
    24H : -0.54%
    Volume : $666,753,571.00
    Marketcap : $8,357,406,875.00
  • binance-usdBinance USD(BUSD)$0.997-0.87%
    BINANCE USD
    24H : -0.87%
    Volume : $5,211,731,189.00
    Marketcap : $8,033,521,185.00
  • polkadotPolkadot(DOT)$6.17-0.95%
    POLKADOT
    24H : -0.95%
    Volume : $223,137,551.00
    Marketcap : $7,488,140,204.00
  • litecoinLitecoin(LTC)$91.780.160%
    LITECOIN
    24H : 0.160%
    Volume : $1,139,906,375.00
    Marketcap : $6,649,175,256.00
  • shiba-inuShiba Inu(SHIB)$0.000011-1.74%
    SHIBA INU
    24H : -1.74%
    Volume : $233,654,785.00
    Marketcap : $6,319,026,398.00
  • tronTRON(TRX)$0.0640.390%
    TRON
    24H : 0.390%
    Volume : $621,235,174.00
    Marketcap : $5,816,906,722.00
  • avalanche-2Avalanche(AVAX)$17.32-1.20%
    AVALANCHE
    24H : -1.20%
    Volume : $253,082,908.00
    Marketcap : $5,647,087,956.00
  • daiDai(DAI)$1.00-0.05%
    DAI
    24H : -0.05%
    Volume : $230,789,427.00
    Marketcap : $5,271,214,534.00
  • uniswapUniswap(UNI)$5.98-3.79%
    UNISWAP
    24H : -3.79%
    Volume : $111,930,872.00
    Marketcap : $4,504,783,824.00
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,943.000.390%
    WRAPPED BITCOIN
    24H : 0.390%
    Volume : $199,832,697.00
    Marketcap : $4,184,956,007.00
  • chainlinkChainlink(LINK)$7.36-0.65%
    CHAINLINK
    24H : -0.65%
    Volume : $384,475,997.00
    Marketcap : $3,615,754,841.00
  • cosmosCosmos Hub(ATOM)$11.43-2.17%
    COSMOS HUB
    24H : -2.17%
    Volume : $149,070,976.00
    Marketcap : $3,345,656,129.00
  • the-open-networkToncoin(TON)$2.14-8.73%
    TONCOIN
    24H : -8.73%
    Volume : $61,213,586.00
    Marketcap : $3,159,264,649.00
  • leo-tokenLEO Token(LEO)$3.390.370%
    LEO TOKEN
    24H : 0.370%
    Volume : $666,475.00
    Marketcap : $3,155,241,850.00
  • moneroMonero(XMR)$160.303.72%
    MONERO
    24H : 3.72%
    Volume : $151,938,763.00
    Marketcap : $2,907,155,653.00
  • ethereum-classicEthereum Classic(ETC)$20.44-2.03%
    ETHEREUM CLASSIC
    24H : -2.03%
    Volume : $195,340,973.00
    Marketcap : $2,859,644,729.00
  • okbOKB(OKB)$44.66-2.24%
    OKB
    24H : -2.24%
    Volume : $39,049,734.00
    Marketcap : $2,686,383,496.00
  • bitcoin-cashBitcoin Cash(BCH)$126.14-2.51%
    BITCOIN CASH
    24H : -2.51%
    Volume : $286,247,856.00
    Marketcap : $2,443,619,841.00
  • stellarStellar(XLM)$0.090-3.62%
    STELLAR
    24H : -3.62%
    Volume : $78,862,120.00
    Marketcap : $2,397,545,940.00
  • filecoinFilecoin(FIL)$5.72-1.46%
    FILECOIN
    24H : -1.46%
    Volume : $336,884,465.00
    Marketcap : $2,343,251,329.00
  • aptosAptos(APT)$12.69-1.68%
    APTOS
    24H : -1.68%
    Volume : $340,954,279.00
    Marketcap : $2,263,449,799.00
  • true-usdTrueUSD(TUSD)$0.993-1.34%
    TRUEUSD
    24H : -1.34%
    Volume : $345,581,293.00
    Marketcap : $2,025,413,524.00
  • lido-daoLido DAO(LDO)$2.18-7.18%
    LIDO DAO
    24H : -7.18%
    Volume : $115,563,143.00
    Marketcap : $1,872,846,709.00
  • hedera-hashgraphHedera(HBAR)$0.061-1.10%
    HEDERA
    24H : -1.10%
    Volume : $36,352,779.00
    Marketcap : $1,839,564,448.00
  • arbitrumArbitrum(ARB)$1.43-71.69%
    ARBITRUM
    24H : -71.69%
    Volume : $2,101,502,511.00
    Marketcap : $1,828,817,397.00
  • quant-networkQuant(QNT)$124.65-1.59%
    QUANT
    24H : -1.59%
    Volume : $23,974,356.00
    Marketcap : $1,814,595,413.00
  • crypto-com-chainCronos(CRO)$0.070-0.11%
    CRONOS
    24H : -0.11%
    Volume : $13,383,605.00
    Marketcap : $1,755,049,446.00
  • nearNEAR Protocol(NEAR)$1.99-0.64%
    NEAR PROTOCOL
    24H : -0.64%
    Volume : $144,145,589.00
    Marketcap : $1,728,382,838.00
  • vechainVeChain(VET)$0.023-0.44%
    VECHAIN
    24H : -0.44%
    Volume : $74,898,760.00
    Marketcap : $1,691,594,786.00
  • blockstackStacks(STX)$1.13-2.66%
    STACKS
    24H : -2.66%
    Volume : $239,007,237.00
    Marketcap : $1,544,805,986.00
  • apecoinApeCoin(APE)$4.120.910%
    APECOIN
    24H : 0.910%
    Volume : $129,497,044.00
    Marketcap : $1,522,013,848.00
  • internet-computerInternet Computer(ICP)$5.09-0.47%
    INTERNET COMPUTER
    24H : -0.47%
    Volume : $38,552,508.00
    Marketcap : $1,517,552,460.00
  • algorandAlgorand(ALGO)$0.213-3.13%
    ALGORAND
    24H : -3.13%
    Volume : $87,156,364.00
    Marketcap : $1,514,923,400.00
  • the-graphThe Graph(GRT)$0.148-3.33%
    THE GRAPH
    24H : -3.33%
    Volume : $101,632,711.00
    Marketcap : $1,320,446,870.00
  • fantomFantom(FTM)$0.472-3.29%
    FANTOM
    24H : -3.29%
    Volume : $482,128,886.00
    Marketcap : $1,309,477,094.00
  • eosEOS(EOS)$1.160.530%
    EOS
    24H : 0.530%
    Volume : $165,256,734.00
    Marketcap : $1,268,245,663.00
  • the-sandboxThe Sandbox(SAND)$0.649-0.82%
    THE SANDBOX
    24H : -0.82%
    Volume : $136,296,089.00
    Marketcap : $1,175,306,939.00
  • decentralandDecentraland(MANA)$0.601-0.53%
    DECENTRALAND
    24H : -0.53%
    Volume : $100,678,117.00
    Marketcap : $1,096,854,062.00
  • elrond-erd-2MultiversX(EGLD)$43.260.460%
    MULTIVERSX
    24H : 0.460%
    Volume : $34,185,427.00
    Marketcap : $1,089,123,736.00
  • immutable-xImmutableX(IMX)$1.17-3.90%
    IMMUTABLEX
    24H : -3.90%
    Volume : $60,203,768.00
    Marketcap : $1,074,765,299.00
Remint News
Home » European Bitcoin Company Relai Reports Record Volumes Despite ECB’s Bitcoin Warning
News

European Bitcoin Company Relai Reports Record Volumes Despite ECB’s Bitcoin Warning

News RoomBy News RoomDecember 2, 20221 ViewsNo Comments2 Mins Read
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Relai, a Swiss business that offers a non-custodial bitcoin wallet app, has actually reported that November 2022 was its finest month in regards to volume and income. According to a news release sent out to Bitcoin Publication, the app saw a boost of 60% compared to the previous month of October 2022.

The business likewise reports that November 2022 was its finest month for both active users and brand-new users, stating that more individuals downloaded the app in November than in September and October integrated.

All at once, the director general of market facilities and payments at the European Reserve Bank and a consultant launched a short article on November 30 entitled “Bitcoin’s Last Stand,” that explained Bitcoin as on the “roadway to irrelevance.” The paper slammed the financial investment thesis of bitcoin, the innovation’s significance and its importance as a payments system. This position isn’t always brand-new as the ECB has actually revealed its contempt for Bitcoin prior to.

In action to this and the current information, CEO and Co-Founder of Relai Julian Liniger stated, “If Bitcoin is destined stop working, why is the ECB costs a lot effort assaulting it over and over? To me, it appears that it comes down to either not comprehending Bitcoin and blending it up with ‘crypto,’ or that the ECB in truth comprehends and fears it. Taking a look at our numbers and the favorable long-lasting belief in the Bitcoin neighborhood reveals that the ECB is simply out of touch with what is taking place in the real life. In truth, the ECB is on the roadway to irrelevance and Bitcoin is simply beginning.”

A current upgrade covered in Bitcoin Publication implies Relai now has assistance for 24/7 bitcoin purchases on Visa, Mastercard and Apple Pay. With this, and even more anticipated financial investment into the user-experience of the app, the business continues its mentioned objective of being Europe’s most convenient and quickest method of obtaining bitcoin.

Source: www.remintnews.com.

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Top Articles

USDT issuer Tether has up to $1.7B in excess reserves, CTO says

March 24, 2023

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

March 24, 2023

DCG Subsidiary Luno Names a New CEO in Preparation for a Public Listing

March 24, 2023
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