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 has integrated the just-launched OMG Network Plasma sidechain, formerly known as OmiseGo, promising cheaper transactions as Ethereum’s fees skyrocket.
Tether Integrates With Plasma Sidechain to Reduce Load on Ethereum
Andrey Shevchenko
2020-06-01T11:35:00+01:00
2807
News
Tether CTO cites the popularity of its ERC20 tokens as the reason why the company never burns them, but stores them in their ‘inventory’.
Tether Explains Why It Hasn’t Burned Any USDT
Michael Kapilkov
2020-05-28T20:45:00+01:00
4333
News
Celsius users can now purchase Tether Gold via credit and debit cards with a minimum purchase amount of $50.
Celsius Users Can Now Buy Tether Gold via Debit and Credit Cards
Helen Partz
2020-05-28T14:58:00+01:00
3674
News
Tether usage is picking up pace in DeFi as Aave reports over 10% of its assets locked are in USDT, after a slow start that saw its competitor USDC gain adoption...
After a Slow Start, Tether Sees Increasing Usage in DeFi
Andrey Shevchenko
2020-05-28T14:02:00+01:00
2787
News
A report indicates that no Ethereum-based Tethers have ever been burned, though new ones are constantly being printed.
Bitfinex Is Constantly Printing More Tether, None Of It Has Ever Been Burned
Michael Kapilkov
2020-05-27T22:00:00+01:00
4606
News
With the Federal Reserve now allowing US banks to issue loans with zero reserve, is Tether better off backed by Bitfinex shares than dollars backed by nothing?
Do Zero-Reserve Loans Make Tether Better Off Backed by Bitfinex Stock?
Jack Martin
2020-05-27T20:20:00+01:00
2385
News
The race for third place is still far from over.
Tether Unseats XRP As Third-Largest Crypto, Dwarfing Its Volume 25:1
Michael Kapilkov
2020-05-25T18:12:00+01:00
11079
News
The Turkish stablecoin BiLira has received a spot listing on BTSE, offering a new on-ramp for Turkish investors to access crypto markets.
Turkish Stablecoin Receives Spot Listing on BTSE Exchange
Samuel Haig
2020-05-25T11:42:00+01:00
8017

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