Tether News

What is Tether? The Tether definition is fairly simple. Tether (USDT) is a stablecoin cryptocurrency, with each token aimed at tracking the value of 1 U.S. dollar. Assets pegged to the value of national currencies (fiat currencies) are called stablecoins. Participants can sell other cryptocurrencies for USDT to protect against volatility while maintaining the ability to send the asset to personal wallets or storage. Ethereum, as well as other blockchains, host USDT.  

Trading a Bitcoin/Tether, or BTC/USDT, pair is an option on some crypto exchanges or platforms. Cointelegraph’s Tether Price Index shows various data on the asset, including its market cap, along with its price, which should remain close in value to the U.S. dollar.

News
While Tether’s dominance has fallen to 56%, USDC and BUSD have surged to 23.9% and 10.4%, respectively.
Treasury plots stablecoin crackdown even as Tether’s dominance wanes
Samuel Haig
2021-09-17T03:08:58+01:00
4675
News
As onlookers predict that top Chinese property developer and commercial paper issuer Evergrande will default, some analysts believe the firm poses systemic risk...
Does Evergrande’s $300B debt crisis pose systemic risk to the crypto industry?
Samuel Haig
2021-09-16T10:26:21+01:00
11315
Market Analysis
Crypto traders flocked to the safety of stablecoins during Tuesday’s market crash.
Which stablecoins were actually ‘stable’ during this week’s sudden Bitcoin price crash?
Yashu Gola
2021-09-09T09:00:00+01:00
14170
News
The Massachusetts senator said that it’s “worth considering” banning U.S. banks from holding the reserves to back private stablecoins.
Sen. Elizabeth Warren calls crypto the ‘new shadow bank‘
Helen Partz
2021-09-06T09:43:03+01:00
6957
Altcoin Watch
Polygon's native asset, MATIC, tests its June resistance level near $1.51 for a bullish breakout setup.
Polygon eyes record high as MATIC's 150% price rally activates textbook bullish pattern
Yashu Gola
2021-08-20T17:00:00+01:00
31649
Altcoin Watch
The market capitalization of the world’s largest stablecoin received a boost despite facing regulatory threats in the United States.
Bitcoin bulls at risk? Tether growth rate flatlines despite market cap crossing $64B
Yashu Gola
2021-08-18T13:20:03+01:00
11616
News
The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in a bank accou...
Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin
Erhan Kahraman
2021-08-11T10:15:22+01:00
17668
News
Tether Holdings has been disclosing its reserves and liabilities as part of a settlement with the New York Attorney General’s office in February 2021.
Tether claims to have increased total assets by $21B in new accounting review
Sam Bourgi
2021-08-09T17:15:00+01:00
4830

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