Bitfinex Repays $100M of Outstanding Loan Facility to Tether

Bitfinex is pleased to announce that on Friday, February 28, 2020, it repaid $100,000,000 of the outstanding loan facility to Tether. Bitfinex made this payment in fiat wired to Tether's bank account. This payment is all on account of principal. Interest on all amounts due under the facility agreement has been prepaid up to March 2020.