CoinVoice recently learned that on August 8, Tether CTO Paolo Ardoino posted on social media that "more than $325 million USDT redemptions have been processed today. Many customers have completed redemptions. Due to Tether's bank-level standards, we need basic information such as the source of funds. Since Tether relies on a strong network of bank partners, it is very important to ensure proper KYC/AML before connecting with customers." [Original link]
