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

Data / Others

2026-04-09

Tether Launches QVAC SDK as the AI Universal Building Block that Runs, Trains, and Evolves Intelligence Across any Device and Platform

9 April 2026 – The QVAC team at Tether today announced the launch of QVAC SDK, a fully open-source cross-platform Software Development Kit designed to become a universal Artificial Intelligence building block, in a world where, soon, 10 billion humans will share this planet with 10 billion autonomous machines and a trillion AI agents. We […]

Learn more

LATEST

Others

2026-03-27

Tether Recognized by OSCE for Supporting Global Efforts to Combat Human Trafficking

27 March 2026 – Tether, the largest company in the digital assets industry, welcomed a new report from the Organization for Security and Co-operation in Europe (OSCE) examining the role of digital assets in human trafficking investigations, which underscores how collaboration between law enforcement and responsible industry participants can enhance the detection and disruption of […]

Learn more

LATEST

Others

2026-03-26

Tether Gold, the World’s Leading Tokenized Gold Product, to be Listed on BNB Chain

26 March 2026 – Tether, the largest company in the digital asset ecosystem, today announced that Tether Gold (XAU₮) is now available on BNB Chain, bringing the industry’s dominant tokenized gold product to the world’s largest cryptocurrency exchange. The timing reflects where markets are. Gold surged 64% in 2025, its largest annual gain in 40 […]

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