Issues with Tether on this Celsius Crisis?? (click to find out)

Hello everyone!! Happy Monday!! IF you're a Tether holder, here's some important news for you!!

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Well a statement made from Tether said that the hold made by Celsius had nothing to do with their stablecoin Tether and that their reserves are "holding" strong. Celsius is going through a severe crisis and with the Tether statement that they have nothing to do with it made investors sigh in relief, at least with the tether coin...CEL is a different thing, seems this one will not survive this bear market, and so many others as well so make sure you have done your research and bet on layer 1's or projects that have plenty of backup and having capital to survive this crypto winter. Tether DID invest in CEL but they have a variety of tokens in their portfolio and this has no issues with liquidity as many people thought Tether was going to collapse their statement was “While Tether’s investment portfolio does include an investment in the company (Celsius), representing a minimal part of our shareholders’ equity, there is no correlation between this investment and our own reserves or stability.”, so have no fear regarding this stablecoin, for the time being. Be safe and trade well my friends, as Ran would say.

By Parth

Source: 

https://www.cryptonary.com/tether-has-nothing-to-do-with-celsius-network-crisis/

Do you think Celsius is the next LUNA?

Will it be able to recover? Share your thoughts on this one.

Your friendly cryptor, AndyHuerta.