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.

Top News

Why is the crypto market down today?

Why is Bitcoin price down today?

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Bitcoin is 1 week away from 'confirming' new bull market — analyst

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Market Analysis

All the pieces are in place for BTC to rally to $30,000, but escalating economic uncertainty and regulatory pressure add strength to the key resistance level.

Bitcoin bulls remain bullish, but macro and crypto-specific hurdles have BTC pinned below $30K

2023-03-24T21:00:00+00:00

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The banking crisis is a catalyst for the next crypto bull run, in which Bitcoin will likely outperform all crypto assets, says Bloomberg analyst Mike McGlone.

Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains

Marco Castrovilli

2023-03-24T19:30:00+00:00

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Tether chief technology officer Paolo Ardoino believes USDT is becoming the “safest asset to hold in the world” amid the banking crisis.

USDT issuer Tether has up to $1.7B in excess reserves, CTO says

2023-03-24T10:02:35+00:00

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Crypto firms that have had the strongest position with United States regulation are now considered “unsafe,” Circle CEO Jeremy Allaire stated.

Banking turmoil pushes crypto to ‘no oversight,’ says Circle CEO

2023-03-23T13:40:00+00:00

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Paolo Ardoino said that recent events in the crypto space demonstrate that Bitcoiners were right and that Bitcoin is the “ultimate way” to hold wealth.

Tether CTO on USDC depeg: ‘Bitcoin maxis were right all along’ | PBW 2023

2023-03-22T13:38:23+00:00

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Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USD...

Circle ‘able to access’ $3.3B of USDC reserves at Silicon Valley Bank, CEO says

2023-03-15T02:02:04+00:00

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Some of the biggest firms in crypto have denied exposure to any of the failed banks in the United States.

SVB crisis: Here are the crypto firms denying exposure to troubled US banks

2023-03-14T11:45:00+00:00

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Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the U.S. dollar.

Circle’s USDC instability causes domino effect on DAI, USDD stablecoins

2023-03-11T10:44:00+00:00

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