The top 10 Tether holders
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Tether (USDT) is back in the spotlight this month, as the fiat-backed stablecoin continues to lose its peg to the U.S. dollar. Last week The Block was the first to report that Bitfinex, the cryptocurrency exchange widely associated with printing Tether, was suspending all fiat deposits. As such, we at The Block decided to a look at the top Tether balance and the exchanges that are most likely to be affected in the case of a bank run of Tether.
(Data from Tether Rich List)
AUTHOR
Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi
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