Tether Has Resumed Offering USDT Stablecoin Loans, Reversing Earlier Commitment



Tether has resumed providing new loans denominated in USDT to clients, despite previously announcing its intention to discontinue offering collateralized loans in 2023. The company's latest financial update shows an increase in USDT-denominated loans, with $5.5 billion in loans as of June 30. Tether claims that the loans were made to prevent customer liquidity depletion and to assist clients in avoiding selling collateral at unfavorable prices
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)