Celsius Feels Impact of Market Volatility, Tether Reserves Hold Strong

June 13, 2022

The recent events impacting the Celsius lending platform and its native token CEL are an unfortunate result of market volatility and extreme market conditions.

While Tether’s investment portfolio does include an investment in the company, representing a minimal part of our shareholders equity, there is no correlation between this investment and our own reserves or stability. Also Tether lending activity with Celsius (as with any other borrower) has always been overcollateralized and has no impact on our reserves.

Please visit
https://tether.to/en/transparency
for the most up-to-date information.

BACK TO NEWS

latest news

LATEST

Edu

2025-01-24

Tether and Medoo Collaborate to Launch Blockchain Academy in Vietnam

24 January 2025 — Tether Operations Limited, the largest company in the digital asset industry, and Medoo, Vietnam’s decentralized educational ecosystem, are thrilled to announce a strategic collaboration to launch the Blockchain Academy. This transformative platform is dedicated to educating Vietnamese users on blockchain technology, peer-to-peer systems, and the essential skills needed to succeed in […]

Learn more

LATEST

Others

2025-01-13

Tether Licensed in El Salvador, Strengthening Focus on Emerging Markets and Innovation

13 January 2025 – Tether and its subsidiaries are about to complete all formalities to relocate to El Salvador, following the successful acquisition of a Digital Asset Service Provider (DASP) license and as a stablecoin issuer, marking a step in Tether’s journey to foster global Bitcoin adoption. This strengthens Tether’s position in one of the […]

Learn more

LATEST

Others

2025-01-02

T3 Financial Crime Unit Marks Enforcement Victory: $100 Million in Criminal Assets Frozen Across Five Continents

2 January, 2025 – The T3 Financial Crime Unit (T3 FCU), a collaboration between Tether, TRON and TRM Labs, has frozen more than $100 million in criminal assets globally, passing a significant milestone in its fight against cryptocurrency-related financial crime. Launched in August 2024, T3 FCU has rapidly emerged as a model for public-private partnership […]

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