Quote from: ft73 on October 15, 2018, 07:29:42 PM

It's worth mentioning that a new page has been published on Bitfinex website.

It's titled "Fiat on Bitfinex":
https://support.bitfinex.com/hc/en-us/articles/360010505034-Fiat-on-Bitfinex

For sure this page didn't exist prior Oct 9, 2018.
It's likely it has been published today ( "updated 7 hours ago" ).

It says:

Quote

All traders on Bitfinex trade with USD (fiat), not USDT. In line with this, all trading pairs on Bitfinex are placed against USD, not USDT.

USDT on Bitfinex is used as a transport layer, used if a trader wishes to deposit or withdraw in e.g. Omni USDT or Ethereum USDT. Until the trader specifically chooses to transport their fiat in Tether-denominated USD, all their fiat holdings on Bitfinex will be held in the form of fiat USD.

Traders can get both USD and USDT onto Bitfinex through means of direct deposits. Please note that in order to both deposit and withdraw USD (in fiat or USDT denomination), a user will need to be fully KYC-verified.

Two considerations:

Bitfinex has a Bank again.
Bye bye Tether ?

Tether is about to experience a blow as far as I am concerned and all these shenanigans won't last long and no matter how they want to try to cover it all up, nothing will every stop it from imploding with their shady deals.

Bye bye tether indeed! They are just trying to tell us they are probably not just printing tether from nowhere and every tether is backed by real cash, I guess only if they allow themselves to be audited and they can prove that, there is no way on earth I will ever believe what comes out from the mouth of those people. Obviously, the thing that happened with USDT recently made them to say whatever they have to say to cover it all up.