analysis

Goldman, Citi Commit $270M to Their Own Stablecoin: Can Tether and Circle Hold On?

16Importance
developingStatus
1News media
Published

Key claims & sources

Summary in preparation.

Market reaction i

TetherUSDT the event is about this asset

Tether barely moved in the 4 hours after the first headline, after a flat 2 hours before.

$0.9992 price at the headline
0.0% 2 h before
0.0% 4 h after
0.0% 5 h after (so far)
First headline

35 prices, one every 30 minutes

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Nov 10 20:19

Where this sits in the Tether series

WhenWhat happenedFigure
36 days ago USDT at $1.0000 high today it sits -0.1% from there
12 days ago USDT at $0.9980 low today it sits +0.1% from there

From what we have stored, starting 2 months ago.