DID CELCIUS BORROW 1B FROM TETHER USING BITCOIN AS COLLATERAL

Last updated: June 15, 2025, 20:32  |  Written by: Vitalik Buterin

Did Celcius Borrow 1B From Tether Using Bitcoin As Collateral
Did Celcius Borrow 1B From Tether Using Bitcoin As Collateral

Previously

Previously, it was reported that Celsius borrowed $1 billion from Tether using Bitcoin as collateral in 2025, with an interest rate between 5% and 6%. Tether liquidated the

Celsius Reportedly Borrowed $1B from Tether with Bitcoin as

Celsius sues Tether, seeking $3.5B over Bitcoin collateral sell-off

The Lawsuit Seeks To Reclaim

Tether Has Loaned $1B to Celsius Network: Report

Reportedly Celsius took a loan from Tether With Bitcoin as Collateral. In return Celsius will pay 5-6% interest. Report raised questions over the operations of Tether.

The lawsuit seeks to reclaim BTC tokens that Celsius sent to Tether as collateral for loans of the USDT, which Tether liquidated after the Mashinsky-founded platform

Tether sued for $3.5B over Celsius collateral liquidation

Did Celcius Borrow $1B from Tether using Bitcoin as Collateral?

Celsius Borrowed $1B From Tether at 5-6% interest : Reports

In Return For This Loan

Tether CTO Rejects Allegations of Borrowing from Celsius

In return for this loan, Celsius sent Tether 39,542.42 BTC in collateral. As the price of Bitcoin dropped, and per the two parties’ agreement, Celsius was required to

Celsius demands billions of dollars from Tether: What’s

Tether

Tether Responds to $2.4 Billion Lawsuit Filed by Celsius

Tether, a stablecoin designed to always be worth $1, has lent billions of dollars to crypto companies with bitcoin as collateral, Bloomberg reported on Thursday.

Vitalik Buterin can be reached at [email protected].

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