Tether News

Tether is a cryptocurrency token that claims be backed by 1 dollar for each token issued. Tether may be explained as a hybrid between a cryptocurrency and fiat money, as its “tethered” to the value of fiat currencies. Tether usually uses a USDT currency, which is supposed to be worth exactly what USD is worth at the same period of time.  

Tether can’t be an investment because the US dollar’s price is decreasing over time due to inflation, but neither it can be a speculative interest, because it most certainly would be around the same price for a long time.

Still, there are a few things about Tether that make it very suitable for crypto investors to use. Tether transactions mostly take a few minutes to complete, Tether charges no transaction fees for moving funds between Tether wallets, and it is a stable and fast resource to cash out and cash in when there is a difficult situation in the market.   

 
News
Tether is now offering a gold-backed stablecoin, XAUT, which represents ownership of one troy ounce of gold held in a Swiss vault controlled by the company.
Tether Launches Gold-Backed Stablecoin and Begins Trading on Bitfinex
Andrey Shevchenko
2020-01-24T11:42:00+00:00
2420
News
Adult entertainment website Pornhub has added a new crypto payment option after PayPal had abruptly stopped servicing its models in late 2019.
Pornhub Adds Tether Stablecoin as New Crypto Payment Option
Helen Partz
2020-01-23T11:48:00+00:00
2816
News
Huobi, the fifth-largest crypto exchange by daily trading volume, will now provide crypto brokerage service to its institutional clients.
Huobi Debuts Crypto Brokerage as Its Institutional Arm Grows 400% Since Q3 2019
Helen Partz
2020-01-21T19:03:00+00:00
1430
News
Tether says it did not deny prosecutors’ request to consolidate three lawsuits the stablecoin and its sister exchange Bitfinex are facing.
Tether Claims to Be Okay With Merger of Class-Action Lawsuits Against It
Benjamin Pirus
2020-01-17T22:48:00+00:00
2799
News
Legal counsel for one of several active class-action lawsuits against iFinex for allegedly manipulating BTC’s price has filed to lead the entire class and proce...
The Race to Lead 3 Class-Action Suits Against Bitfinex Over 2017 BTC Bull Run Is On
Kollen Post
2020-01-14T18:13:00+00:00
2867
News
Crypto-friendly hotel booking service Travala now accepts payment in controversial stablecoin USDT.
Booking.com-Partnered Travala Now Accepts Tether’s Controversial USDT
Andrew Calderaro
2020-01-13T23:07:00+00:00
5471
News
A class-action lawsuit against Bitfinex and Tether was refiled in New York on Jan. 8, just one day before a similar filing by another plaintiff.
Bitfinex Market Manipulation Lawsuit Refiled in New York and Joined by Second Case
Andrey Shevchenko
2020-01-10T22:49:00+00:00
3843
News
A partnership with merchant gateway Cryptobuyer sees the first Burger King restaurant begin taking six cryptocurrencies, with others to follow this year.
Burger King Venezuela Starts Bitcoin Payments in First of 40 Stores
William Suberg
2020-01-04T09:52:00+00:00
17752

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