Tether Liquidates Celsius Bitcoin Loan — 'Position Has Been Liquidated With No Losses' to the Company – Bitcoin News

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As per its agreement, Celsius's bitcoin position 'has been liquidated with no losses to Tether,' the stablecoin issuer said on Friday.

said the loan was overcollateralized by more than 130%. “The decision to liquidate the collateral to cover the loan was a part of the original terms of the agreement between the two entities and reconfirmed in writing before the start of the liquidation event,” Tether detailed. The stablecoin issuer added:

Stablecoin Issuer Says Tether Critics ‘Have No Understanding of How Lending, Borrowing, and Risk Management Work’

 

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Tether is not experiencing difficulties at the moment.

I think this is a successful step for Tether

No losses. Tether is still strong.

Tether has a professional team and I trust their coins.

Tether don't be as ust

Oh, poor Tether shorters😁

By the way, the USDT recovered a few thousandths of a cent after this news...As if that would make any difference

Great, now FUDers don't even have a reason to say that Tether is in danger

Just print more Tether...at this point the real inflation of Tether is worse than the US Dollar.

Seems to be very stable

No losses to Tether? SMH

Froginutoken Froginu x1000 And I love all skin colors in the world

🧐🧐🧐🧐

Market is bleeding.The 12k for BTC looks certain. I'll be looking a buy entry at 15k.Millionaires will be made, let’s see what bitcoin have for us all Follow SGCaterina she's a super underrated bitcoiner, her tips, tweets & ideas have been wonderful so far Follow her too

This has made my day! ?7339

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