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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)$28,162.001.51%
    BITCOIN
    24H : 1.51%
    Volume : $24,967,667,473.00
    Marketcap : $544,267,062,244.00
  • ethereumEthereum(ETH)$1,795.961.74%
    ETHEREUM
    24H : 1.74%
    Volume : $13,614,838,329.00
    Marketcap : $215,724,301,990.00
  • tetherTether(USDT)$1.00-0.34%
    TETHER
    24H : -0.34%
    Volume : $40,595,670,901.00
    Marketcap : $78,828,420,920.00
  • binancecoinBNB(BNB)$324.98-0.38%
    BNB
    24H : -0.38%
    Volume : $677,879,362.00
    Marketcap : $51,273,048,881.00
  • usd-coinUSD Coin(USDC)$1.00-0.06%
    USD COIN
    24H : -0.06%
    Volume : $6,662,563,097.00
    Marketcap : $34,496,612,344.00
  • rippleXRP(XRP)$0.431-4.00%
    XRP
    24H : -4.00%
    Volume : $2,061,586,973.00
    Marketcap : $21,957,015,262.00
  • cardanoCardano(ADA)$0.364-2.62%
    CARDANO
    24H : -2.62%
    Volume : $419,394,895.00
    Marketcap : $12,759,592,030.00
  • dogecoinDogecoin(DOGE)$0.075-2.75%
    DOGECOIN
    24H : -2.75%
    Volume : $652,336,926.00
    Marketcap : $10,469,061,058.00
  • staked-etherLido Staked Ether(STETH)$1,782.591.30%
    LIDO STAKED ETHER
    24H : 1.30%
    Volume : $19,124,150.00
    Marketcap : $10,437,875,649.00
  • matic-networkPolygon(MATIC)$1.12-1.07%
    POLYGON
    24H : -1.07%
    Volume : $531,106,889.00
    Marketcap : $10,127,568,876.00
  • solanaSolana(SOL)$21.77-0.15%
    SOLANA
    24H : -0.15%
    Volume : $673,288,052.00
    Marketcap : $8,352,267,814.00
  • binance-usdBinance USD(BUSD)$1.00-0.26%
    BINANCE USD
    24H : -0.26%
    Volume : $5,253,528,980.00
    Marketcap : $8,073,271,421.00
  • polkadotPolkadot(DOT)$6.18-0.40%
    POLKADOT
    24H : -0.40%
    Volume : $225,600,013.00
    Marketcap : $7,508,900,117.00
  • litecoinLitecoin(LTC)$92.140.020%
    LITECOIN
    24H : 0.020%
    Volume : $1,161,396,667.00
    Marketcap : $6,686,437,760.00
  • shiba-inuShiba Inu(SHIB)$0.000011-1.21%
    SHIBA INU
    24H : -1.21%
    Volume : $235,052,412.00
    Marketcap : $6,298,761,516.00
  • tronTRON(TRX)$0.0641.51%
    TRON
    24H : 1.51%
    Volume : $622,802,760.00
    Marketcap : $5,831,785,763.00
  • avalanche-2Avalanche(AVAX)$17.31-0.95%
    AVALANCHE
    24H : -0.95%
    Volume : $259,663,259.00
    Marketcap : $5,634,563,705.00
  • daiDai(DAI)$1.000-0.07%
    DAI
    24H : -0.07%
    Volume : $232,041,367.00
    Marketcap : $5,260,770,782.00
  • uniswapUniswap(UNI)$5.98-3.51%
    UNISWAP
    24H : -3.51%
    Volume : $113,362,684.00
    Marketcap : $4,507,970,581.00
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$28,114.001.25%
    WRAPPED BITCOIN
    24H : 1.25%
    Volume : $207,829,257.00
    Marketcap : $4,220,386,026.00
  • chainlinkChainlink(LINK)$7.37-0.21%
    CHAINLINK
    24H : -0.21%
    Volume : $349,229,754.00
    Marketcap : $3,623,516,943.00
  • cosmosCosmos Hub(ATOM)$11.45-1.65%
    COSMOS HUB
    24H : -1.65%
    Volume : $157,412,345.00
    Marketcap : $3,347,956,651.00
  • the-open-networkToncoin(TON)$2.16-6.72%
    TONCOIN
    24H : -6.72%
    Volume : $60,586,940.00
    Marketcap : $3,177,283,855.00
  • leo-tokenLEO Token(LEO)$3.400.920%
    LEO TOKEN
    24H : 0.920%
    Volume : $659,324.00
    Marketcap : $3,161,626,571.00
  • moneroMonero(XMR)$160.814.41%
    MONERO
    24H : 4.41%
    Volume : $153,862,579.00
    Marketcap : $2,917,167,767.00
  • ethereum-classicEthereum Classic(ETC)$20.48-1.55%
    ETHEREUM CLASSIC
    24H : -1.55%
    Volume : $198,357,552.00
    Marketcap : $2,859,245,246.00
  • okbOKB(OKB)$44.77-1.49%
    OKB
    24H : -1.49%
    Volume : $39,939,468.00
    Marketcap : $2,686,176,235.00
  • bitcoin-cashBitcoin Cash(BCH)$126.54-1.98%
    BITCOIN CASH
    24H : -1.98%
    Volume : $276,097,540.00
    Marketcap : $2,447,023,341.00
  • stellarStellar(XLM)$0.090-2.55%
    STELLAR
    24H : -2.55%
    Volume : $80,132,302.00
    Marketcap : $2,400,721,925.00
  • filecoinFilecoin(FIL)$5.73-0.85%
    FILECOIN
    24H : -0.85%
    Volume : $340,109,286.00
    Marketcap : $2,346,338,644.00
  • aptosAptos(APT)$12.74-0.75%
    APTOS
    24H : -0.75%
    Volume : $224,353,457.00
    Marketcap : $2,276,865,098.00
  • true-usdTrueUSD(TUSD)$0.997-0.65%
    TRUEUSD
    24H : -0.65%
    Volume : $346,480,205.00
    Marketcap : $2,035,337,407.00
  • lido-daoLido DAO(LDO)$2.19-6.41%
    LIDO DAO
    24H : -6.41%
    Volume : $117,086,496.00
    Marketcap : $1,877,208,573.00
  • hedera-hashgraphHedera(HBAR)$0.061-0.70%
    HEDERA
    24H : -0.70%
    Volume : $36,168,776.00
    Marketcap : $1,840,445,834.00
  • arbitrumArbitrum(ARB)$1.45-71.21%
    ARBITRUM
    24H : -71.21%
    Volume : $2,118,008,907.00
    Marketcap : $1,839,162,623.00
  • quant-networkQuant(QNT)$124.96-1.03%
    QUANT
    24H : -1.03%
    Volume : $23,681,285.00
    Marketcap : $1,816,142,525.00
  • crypto-com-chainCronos(CRO)$0.070-0.02%
    CRONOS
    24H : -0.02%
    Volume : $13,608,349.00
    Marketcap : $1,757,889,883.00
  • nearNEAR Protocol(NEAR)$2.00-0.17%
    NEAR PROTOCOL
    24H : -0.17%
    Volume : $139,687,736.00
    Marketcap : $1,729,896,356.00
  • vechainVeChain(VET)$0.0230.140%
    VECHAIN
    24H : 0.140%
    Volume : $74,699,381.00
    Marketcap : $1,697,126,878.00
  • blockstackStacks(STX)$1.13-3.52%
    STACKS
    24H : -3.52%
    Volume : $234,596,895.00
    Marketcap : $1,543,307,521.00
  • apecoinApeCoin(APE)$4.131.23%
    APECOIN
    24H : 1.23%
    Volume : $126,170,730.00
    Marketcap : $1,522,679,741.00
  • algorandAlgorand(ALGO)$0.214-2.43%
    ALGORAND
    24H : -2.43%
    Volume : $87,011,504.00
    Marketcap : $1,522,327,418.00
  • internet-computerInternet Computer(ICP)$5.110.180%
    INTERNET COMPUTER
    24H : 0.180%
    Volume : $38,142,888.00
    Marketcap : $1,521,202,640.00
  • the-graphThe Graph(GRT)$0.148-3.50%
    THE GRAPH
    24H : -3.50%
    Volume : $102,084,184.00
    Marketcap : $1,318,422,276.00
  • fantomFantom(FTM)$0.472-2.81%
    FANTOM
    24H : -2.81%
    Volume : $482,757,161.00
    Marketcap : $1,314,451,791.00
  • eosEOS(EOS)$1.161.21%
    EOS
    24H : 1.21%
    Volume : $168,444,591.00
    Marketcap : $1,277,669,165.00
  • the-sandboxThe Sandbox(SAND)$0.6500.040%
    THE SANDBOX
    24H : 0.040%
    Volume : $122,409,792.00
    Marketcap : $1,176,766,408.00
  • decentralandDecentraland(MANA)$0.601-0.24%
    DECENTRALAND
    24H : -0.24%
    Volume : $97,575,829.00
    Marketcap : $1,095,973,463.00
  • elrond-erd-2MultiversX(EGLD)$43.230.710%
    MULTIVERSX
    24H : 0.710%
    Volume : $34,162,868.00
    Marketcap : $1,087,432,277.00
  • aaveAave(AAVE)$75.13-3.16%
    AAVE
    24H : -3.16%
    Volume : $98,476,894.00
    Marketcap : $1,074,894,322.00
  • bitcoinBitcoin(BTC)$28,162.001.51%
    BITCOIN
    24H : 1.51%
    Volume : $24,967,667,473.00
    Marketcap : $544,267,062,244.00
  • ethereumEthereum(ETH)$1,795.961.74%
    ETHEREUM
    24H : 1.74%
    Volume : $13,614,838,329.00
    Marketcap : $215,724,301,990.00
  • tetherTether(USDT)$1.00-0.34%
    TETHER
    24H : -0.34%
    Volume : $40,595,670,901.00
    Marketcap : $78,828,420,920.00
  • binancecoinBNB(BNB)$324.98-0.38%
    BNB
    24H : -0.38%
    Volume : $677,879,362.00
    Marketcap : $51,273,048,881.00
  • usd-coinUSD Coin(USDC)$1.00-0.06%
    USD COIN
    24H : -0.06%
    Volume : $6,662,563,097.00
    Marketcap : $34,496,612,344.00
  • rippleXRP(XRP)$0.431-4.00%
    XRP
    24H : -4.00%
    Volume : $2,061,586,973.00
    Marketcap : $21,957,015,262.00
  • cardanoCardano(ADA)$0.364-2.62%
    CARDANO
    24H : -2.62%
    Volume : $419,394,895.00
    Marketcap : $12,759,592,030.00
  • dogecoinDogecoin(DOGE)$0.075-2.75%
    DOGECOIN
    24H : -2.75%
    Volume : $652,336,926.00
    Marketcap : $10,469,061,058.00
  • staked-etherLido Staked Ether(STETH)$1,782.591.30%
    LIDO STAKED ETHER
    24H : 1.30%
    Volume : $19,124,150.00
    Marketcap : $10,437,875,649.00
  • matic-networkPolygon(MATIC)$1.12-1.07%
    POLYGON
    24H : -1.07%
    Volume : $531,106,889.00
    Marketcap : $10,127,568,876.00
  • solanaSolana(SOL)$21.77-0.15%
    SOLANA
    24H : -0.15%
    Volume : $673,288,052.00
    Marketcap : $8,352,267,814.00
  • binance-usdBinance USD(BUSD)$1.00-0.26%
    BINANCE USD
    24H : -0.26%
    Volume : $5,253,528,980.00
    Marketcap : $8,073,271,421.00
  • polkadotPolkadot(DOT)$6.18-0.40%
    POLKADOT
    24H : -0.40%
    Volume : $225,600,013.00
    Marketcap : $7,508,900,117.00
  • litecoinLitecoin(LTC)$92.140.020%
    LITECOIN
    24H : 0.020%
    Volume : $1,161,396,667.00
    Marketcap : $6,686,437,760.00
  • shiba-inuShiba Inu(SHIB)$0.000011-1.21%
    SHIBA INU
    24H : -1.21%
    Volume : $235,052,412.00
    Marketcap : $6,298,761,516.00
  • tronTRON(TRX)$0.0641.51%
    TRON
    24H : 1.51%
    Volume : $622,802,760.00
    Marketcap : $5,831,785,763.00
  • avalanche-2Avalanche(AVAX)$17.31-0.95%
    AVALANCHE
    24H : -0.95%
    Volume : $259,663,259.00
    Marketcap : $5,634,563,705.00
  • daiDai(DAI)$1.000-0.07%
    DAI
    24H : -0.07%
    Volume : $232,041,367.00
    Marketcap : $5,260,770,782.00
  • uniswapUniswap(UNI)$5.98-3.51%
    UNISWAP
    24H : -3.51%
    Volume : $113,362,684.00
    Marketcap : $4,507,970,581.00
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$28,114.001.25%
    WRAPPED BITCOIN
    24H : 1.25%
    Volume : $207,829,257.00
    Marketcap : $4,220,386,026.00
  • chainlinkChainlink(LINK)$7.37-0.21%
    CHAINLINK
    24H : -0.21%
    Volume : $349,229,754.00
    Marketcap : $3,623,516,943.00
  • cosmosCosmos Hub(ATOM)$11.45-1.65%
    COSMOS HUB
    24H : -1.65%
    Volume : $157,412,345.00
    Marketcap : $3,347,956,651.00
  • the-open-networkToncoin(TON)$2.16-6.72%
    TONCOIN
    24H : -6.72%
    Volume : $60,586,940.00
    Marketcap : $3,177,283,855.00
  • leo-tokenLEO Token(LEO)$3.400.920%
    LEO TOKEN
    24H : 0.920%
    Volume : $659,324.00
    Marketcap : $3,161,626,571.00
  • moneroMonero(XMR)$160.814.41%
    MONERO
    24H : 4.41%
    Volume : $153,862,579.00
    Marketcap : $2,917,167,767.00
  • ethereum-classicEthereum Classic(ETC)$20.48-1.55%
    ETHEREUM CLASSIC
    24H : -1.55%
    Volume : $198,357,552.00
    Marketcap : $2,859,245,246.00
  • okbOKB(OKB)$44.77-1.49%
    OKB
    24H : -1.49%
    Volume : $39,939,468.00
    Marketcap : $2,686,176,235.00
  • bitcoin-cashBitcoin Cash(BCH)$126.54-1.98%
    BITCOIN CASH
    24H : -1.98%
    Volume : $276,097,540.00
    Marketcap : $2,447,023,341.00
  • stellarStellar(XLM)$0.090-2.55%
    STELLAR
    24H : -2.55%
    Volume : $80,132,302.00
    Marketcap : $2,400,721,925.00
  • filecoinFilecoin(FIL)$5.73-0.85%
    FILECOIN
    24H : -0.85%
    Volume : $340,109,286.00
    Marketcap : $2,346,338,644.00
  • aptosAptos(APT)$12.74-0.75%
    APTOS
    24H : -0.75%
    Volume : $224,353,457.00
    Marketcap : $2,276,865,098.00
  • true-usdTrueUSD(TUSD)$0.997-0.65%
    TRUEUSD
    24H : -0.65%
    Volume : $346,480,205.00
    Marketcap : $2,035,337,407.00
  • lido-daoLido DAO(LDO)$2.19-6.41%
    LIDO DAO
    24H : -6.41%
    Volume : $117,086,496.00
    Marketcap : $1,877,208,573.00
  • hedera-hashgraphHedera(HBAR)$0.061-0.70%
    HEDERA
    24H : -0.70%
    Volume : $36,168,776.00
    Marketcap : $1,840,445,834.00
  • arbitrumArbitrum(ARB)$1.45-71.21%
    ARBITRUM
    24H : -71.21%
    Volume : $2,118,008,907.00
    Marketcap : $1,839,162,623.00
  • quant-networkQuant(QNT)$124.96-1.03%
    QUANT
    24H : -1.03%
    Volume : $23,681,285.00
    Marketcap : $1,816,142,525.00
  • crypto-com-chainCronos(CRO)$0.070-0.02%
    CRONOS
    24H : -0.02%
    Volume : $13,608,349.00
    Marketcap : $1,757,889,883.00
  • nearNEAR Protocol(NEAR)$2.00-0.17%
    NEAR PROTOCOL
    24H : -0.17%
    Volume : $139,687,736.00
    Marketcap : $1,729,896,356.00
  • vechainVeChain(VET)$0.0230.140%
    VECHAIN
    24H : 0.140%
    Volume : $74,699,381.00
    Marketcap : $1,697,126,878.00
  • blockstackStacks(STX)$1.13-3.52%
    STACKS
    24H : -3.52%
    Volume : $234,596,895.00
    Marketcap : $1,543,307,521.00
  • apecoinApeCoin(APE)$4.131.23%
    APECOIN
    24H : 1.23%
    Volume : $126,170,730.00
    Marketcap : $1,522,679,741.00
  • algorandAlgorand(ALGO)$0.214-2.43%
    ALGORAND
    24H : -2.43%
    Volume : $87,011,504.00
    Marketcap : $1,522,327,418.00
  • internet-computerInternet Computer(ICP)$5.110.180%
    INTERNET COMPUTER
    24H : 0.180%
    Volume : $38,142,888.00
    Marketcap : $1,521,202,640.00
  • the-graphThe Graph(GRT)$0.148-3.50%
    THE GRAPH
    24H : -3.50%
    Volume : $102,084,184.00
    Marketcap : $1,318,422,276.00
  • fantomFantom(FTM)$0.472-2.81%
    FANTOM
    24H : -2.81%
    Volume : $482,757,161.00
    Marketcap : $1,314,451,791.00
  • eosEOS(EOS)$1.161.21%
    EOS
    24H : 1.21%
    Volume : $168,444,591.00
    Marketcap : $1,277,669,165.00
  • the-sandboxThe Sandbox(SAND)$0.6500.040%
    THE SANDBOX
    24H : 0.040%
    Volume : $122,409,792.00
    Marketcap : $1,176,766,408.00
  • decentralandDecentraland(MANA)$0.601-0.24%
    DECENTRALAND
    24H : -0.24%
    Volume : $97,575,829.00
    Marketcap : $1,095,973,463.00
  • elrond-erd-2MultiversX(EGLD)$43.230.710%
    MULTIVERSX
    24H : 0.710%
    Volume : $34,162,868.00
    Marketcap : $1,087,432,277.00
  • aaveAave(AAVE)$75.13-3.16%
    AAVE
    24H : -3.16%
    Volume : $98,476,894.00
    Marketcap : $1,074,894,322.00
Remint News
Home » An Inside Look at the World’s First Web3 Metropolis
NFT

An Inside Look at the World’s First Web3 Metropolis

News RoomBy News RoomNovember 27, 20220 ViewsNo Comments4 Mins Read
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The NFT area has actually altered considerably considering that nft now initially provided “The Entrance” at Art Basel in 2021. In simply one year, prominent brand names have actually gone into Web3, a number of artists have actually increased to brand-new prominence, and blockchain-powered philanthropy has actually gone into the mainstream, exhibiting how unique NFT tech can make a severe and enduring influence on the world.

As Web3 continues to browse the ups and downs of an unpredictable crypto market and possible worldwide economic downturn, we’re continuously advised that NFTs have to do with more than art or cash. In truth, the blockchain has actually grown past its salad-day limitations as a specific niche web microcosm, grew into a cultural phenomenon, and end up being a hotbed for development.

RSVP for your totally free ticket here to sign up with “The Entrance: A Web3 Metropolitan area.”

Now, as 2022 ends, we have the chance to take a time out and review the lots of accomplishments of the NFT and Web3 neighborhoods. In keeping with the culture of success and event produced under the umbrella of non-fungibility, nft now has actually signed up with forces with Mana Common for a MoonPay-powered occasion unlike any other. Over 5 days, nft now will take control of 2 city obstructs in Downtown Miami to unify Web3 and supporter for innovative empowerment as we launch a motivating brand-new chapter, together.

The who’s who of The Entrance

Make no error, there will be a lot to see at The Entrance from November 27 to December 3. Including immersive activations from Art Blocks, Christie’s, Clone X, FaZe Clan, Instagram, Porsche, and much more, the five-day celebration’s setups and phases will grow through 12 structures like living vines of the metaverse, linking to unify below a main nucleus.

Attendees will be met a huge and essential collection of art taking both physical and digital types– showing the flexible and versatile nature of NFT areas, and the artists who reside in them. Throughout the week, The Entrance will go through a constant transformation to provide visitors amusement, home entertainment, and high-value intel on the state of Web3, with food and beverage generously offered throughout the place.

A map of The Entrance’s multi-building place.

In addition to brand name existence, more than 50 of the NFT neighborhood’s finest artists, developers, and leaders will appear throughout The Entrance, consisting of honorees from The NFT 100 and previous visitors of our podcast. All this, in addition to a star-studded speaker lineup including significant neighborhood leaders like Gary Vaynerchuk, Keith A. Grossman, and Ethereum Co-Founder Joseph Lubin.

Naturally, no NFT occasion would be total without representation from the most prominent collectors, which is why The Entrance will likewise include collectors and contractors like Gmoney, Farokh, RTFKT’s Zaptio and ClegFX, and more. To get ahead of the curve, guests can browse The Entrance’s complete schedule here, and re-familiarize themselves with the complete lineup of artists and speakers here.

The real function of The Entrance

In keeping with nft now’s objective to assist empower the developers of culture and drive mainstream adoption of NFTs, “The Entrance” intends to bridge the understanding space, and even more extend a welcome hand to those from all strolls of life. Whether from the conventional art world, the financing sector, media, style, or anywhere throughout the metaverse, all are welcomed to commemorate how Web3 and NFTs are making up the next chapter of art history.

A wrap-up of the 2021 model of The Entrance.

Philosophers have long declared the arrival of the Creativity Age, a follower to the Info Age in which imagination is the primary motorist of financial worth. With the arrival of NFTs, it genuinely appears that the Creativity Age is upon us, as artists are opening the capacity of digital ownership, and with it the power to sustain themselves and love blockchain innovation.

Lots of thanks to our providing partner Mana Common, title sponsor Moonpay, and partners Johnnie Walker Blue Label, Fenwick, Perrier, and Carpet Radio, for assisting us develop the 2022 dream model of “The Entrance”, in a robust event of art and culture. A tip if you’re on your method: Anticipate the unforeseen, and take pleasure in.

Source: www.remintnews.com.

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