Tether: FTX Crash Has No Impact on Tether

Tether, the $USDT issuer, responded to the Bloomberg report by saying that Tether's relationship with FTX was no different than any other exchange where Tether is offered.

At the time of its insolvency and amid market volatility, Tether also confirmed that it had absolutely no credit towards FTX or Alameda Research. No special deal whatsoever was established between FTX/Alameda and Tether. Tether said the regulators working on the FTX case will confirm the same.