Tether reportedly shuts USDT redemption for some Singapore customers

September 28, 2023
Tether reportedly shuts USDT redemption for some Singapore customers

In an email, Tether said Cake DeFi is controlled by “another corporation that resides in Singapore,” precluding it from redeeming USDT. Tether CTO Paolo Ardoino says this has been in place since 2020.

About The Author

coinmaker

See author's posts

More Stories

US accounting board FASB proposes conditions for stablecoins as cash equivalents

US accounting board FASB proposes conditions for stablecoins as cash equivalents

August 19, 2026
Toyota Finance opens tokenized bonds to retail investors via mobile payment app

Toyota Finance opens tokenized bonds to retail investors via mobile payment app

August 18, 2026
South Korea’s Jeonbuk Bank taps Ripple for cross-border payments

South Korea’s Jeonbuk Bank taps Ripple for cross-border payments

August 18, 2026

You may have missed

MAYAChain halts network after estimated .7M exploit

MAYAChain halts network after estimated $1.7M exploit

August 19, 2026 0
A Treasure Hunter Pulled Up the Floorboards of an Old House and Found ,000 in Cash From the 1950s

A Treasure Hunter Pulled Up the Floorboards of an Old House and Found $46,000 in Cash From the 1950s

August 19, 2026 0
Bitcoin.com Integrates USDU, Bringing the UAE’s First CBUAE-Registered USD Stablecoin to Millions of Wallet Users

Bitcoin.com Integrates USDU, Bringing the UAE’s First CBUAE-Registered USD Stablecoin to Millions of Wallet Users

August 19, 2026 0
Polymarket US Tests Parlays as Kalshi Banks M in Fees

Polymarket US Tests Parlays as Kalshi Banks $25M in Fees

August 19, 2026 0
Riot Platforms Sold 9,665 Bitcoin in H1 2026 to Fund AI Pivot

Riot Platforms Sold 9,665 Bitcoin in H1 2026 to Fund AI Pivot

August 19, 2026 0
Please enter CoinGecko Free Api Key to get this plugin works.