Tether began to withdraw from the market. Bitfinex back into the repository 630 million USDT


The major cryptocurrency exchanges begin to work with other tokens, the price of which is pegged to the U.S. dollar. In October, the capitalization Aldona from the Tether fell by $800 million

Over the last week Bitfinex team led 630 million tokens USDT from Tether, to October 23, capitalization of bitcoin has dropped from $2.8 billion to $2 billion. Many users believe that the company is trying to bring allcoin market tablconv, as it cannot cope with high competition, which appeared in the last few months with the launch of coins from TrueToken, Circle, Paxos and Gemini, writes CoinDesk.

Recently, several major cryptocurrency exchanges has added four new stablon. According to CoinMetrics.io market cap Tether is reduced while, as other such tokens won about $120 million in this industry.

Earlier in the network appeared information about the problems of the Puerto Rican Bank, Noble Bank, which served accounts Tether, the company was accused of failing to pay. Also one of the holders USDT tried to sell tens of millions of tokens, but could not find a buyer.

More news on cryptocurrency can be found in our telegram channel RBC-Crypto.

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