Upcoming USDT Redemption – October 24th, 2018

October 24, 2018

Over the course of the past week, Tether has redeemed a significant amount of USDT from the circulating supply of tokens. In line with this, Tether will destroy 500m USDT from the Tether treasury wallet and will leave the remaining USDT (approx 466m) in the wallet as a preparatory measures for future USDT issuances.

Conceptually, the Tether issuance and redemption process is outlined in the Tether White Paper, with issuances and redemptions visible through observing the Tether treasury balance on the OMNI blockchain.

For more information, please refer to Tether.to.

BACK TO NEWS

latest news

LATEST

News

2025-10-17

Tether Champions Global Financial Freedom Infrastructure with Open Source Release of Its Wallet Development Kit (WDK)

Empowering a Future Where Humans, Autonomous Machines, and AI Agents alike can Build, Deploy, and Transact Freely Using Secure, Self-custodial Wallets 17 October 2025 – Tether, the largest company in the digital asset ecosystem, today announced it has open-sourced its Wallet Development Kit (WDK), a new development toolkit designed to empower humans, machines, and AI […]

Learn more

LATEST

Others

2025-10-16

Tether Announces Board Candidates to Support Juventus’ Growth and Transformation

16 October 2025: Tether is pleased to announce that it has formally submitted two candidates for consideration to join the Board of Directors (CdA) of Juventus Football Club. As stated on multiple occasions, Tether is committed to becoming a positive force of change within the Club, an ambition captured by our guiding principle: Make Juventus […]

Learn more

LATEST

Others

2025-10-16

Tether Donates $250,000 to OpenSats to Strengthen Free and Open-Source Ecosystems Supporting Bitcoin and Freedom Tech

16 October, 2025 – Tether, the largest company in the digital assets industry, today announced a $250,000 donation to OpenSats, a 501(c)(3) public charity dedicated to funding contributors and projects that strengthen Bitcoin and advance open, censorship-resistant technologies. The donation will support OpenSats’ operations and grant-making efforts, enabling continued financial support for a wide range […]

Learn more

Read all news

Manage Cookies Preferences

List of strictly necessary cookies:

Name	Domain	Purpose	Expiry	Type
cookie_banner_data	Tether.io	It stores accepted cookie groups	1 month	https
cookie_banner_timestamp	Tether.io	It stores accept cookies timestamp	1 month	https

List of analytical cookies:

Name	Domain	Purpose	Expiry	Type
_ga	Tether.io	It is set by Google Universal Analytics to calculate visitor, session, campaign data and keep track of site usage for tde site's analytics report. More information can be found here https://policies.google.com/technologies/cookies?hl=en-US, and here https://support.google.com/analytics/answer/181881	*	https
_ga_*	Tether.io	Used to persist session state	2 years	https
_gat	Tether.io	It is set by Google Universal Analytics to throttle the request rate to limit the collection of data on high traffic sites. More information can be found here https://policies.google.com/technologies/cookies?hl=en-US, and here https://support.google.com/analytics/answer/181881	*	https
_gat_*	Tether.io	This is a pattern type cookie set by Google Analytics, where the pattern element on the name contains the unique identity number of the account or website it relates to. It appears to be a variation of the _gat cookie which is used to limit the amount of data recorded by Google on high traffic volume websites.	*	https
_gcl_au	Tether.io	This cookie is used by Google Analytics to understand user interaction with the website	2 months	https
_gid	Tether.io	It is set by Google Universal Analytics to store information of how visitors use a website and helps in creating analytics report of how the website is doing. More information can be found here https://policies.google.com/technologies/cookies?hl=en-US, and here https://support.google.com/analytics/answer/181881	Session	https