Tether is now working with the Bahamas Deltec Bank.
The issuing company for the most massive and most controversial stablon Tether found a replacement for the Puerto Rican Noble Bank.
Now Tether holds its reserves, providing the eponymous stablein, Deltek Bahamian Bank. It is reported by The Block with reference to market sources.
According to the newspaper, the deal was done in the past few weeks. The same sources report that cooperation with the Bahamas Bank is interested in several large market players over-the-counter (OTC) wanting to Tether directly.
Earlier Tether and is traditionally associated with the crypto currency exchange Bitfinex has collaborated with Puerto Rican Noble Bank, which is now offered for sale due to financial difficulties.
Note that the problems with the banks experts are inclined to explain the pause with the completion of Fiat accounts on Bitfinex, which in turn became one of the factors of the fall of the Tether 14 and 15 October. Now that the crypto currency exchange, and the Issuer USDT found a way out of a difficult situation, the situation on the markets should become more predictable. Anyway, in regard to the Tether and exchange rate fluctuations.
Also today, Bitfinex announced the resumption of the ability to replenish the account in Fiat. However, the “new improved” as the account in Fiat, whether it be dollars, yen, pounds or euros, will require up to two days for approval and up to 10 business days to credit funds on the account, that is, in fact, it may take two weeks.
The fall of the Tether, yesterday traded at a discount of up to 10% against the dollar and other dollar-denominated tablconv made of crypto currency exchange to think about alternatives. Yesterday about the decision to include in the listing 4 adjustable dollar stablon announced OKEx, today, her example was followed by Huobi and BitPay, adding two coins.
It is also worth noting that the largest volume of trading the crypto currency exchange Binance attended to diversify a little earlier, adding stablon Paxos Standard 2 Oct in addition to True USD, listed in may.