Tether Froze Garantex Assets: Exchange Halts Operations
Tether has frozen Garantex's funds in excess of 2.5 billion roubles. The exchange has suspended operations and Russian users fear further freezes.
Stablecoins are a category of cryptocurrency designed to maintain a stable value against a reference asset, such as a fiat currency (e.g. the US dollar) or a commodity (such as gold).
139 PostsTether has frozen Garantex's funds in excess of 2.5 billion roubles. The exchange has suspended operations and Russian users fear further freezes.
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