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.   

 
Analysis
The new World Stablecoin Association hopes to create a united front for the sector to tackle regulatory concerns and drive collaboration.
Unite to Succeed: Swiss Stablecoin Association Hopes to Break the Ice
Gareth Jenkinson
2020-08-03T20:00:00+01:00
6353
News
The on-chain activity for market-leading stablecoins Tether, DAI and USDC exploded as Bitcoin breached the $11,000 plateau.
Stablecoin On-Chain Activity Explodes as Bitcoin Breaks $11K
Michael Kapilkov
2020-07-29T22:09:00+01:00
9479
Markets News
As Bitcoin price surged above $10K, USDT exchange inflows reached an 8-month high.
Tether Exchange Inflow Reached 8-Month High as Bitcoin Rallied to $11K
António Madeira
2020-07-28T20:09:00+01:00
6225
News
The price of gold and Tether’s XAUT rallied to more than $1,900 today, a value not seen since September 2011.
Tether’s Gold-Backed Stablecoin in Demand as Commodity Hits ATH
Turner Wright
2020-07-27T04:09:00+01:00
9052
Analysis
New York’s State attorney general has wide latitude to investigate a foreign entity like iFinex, said a NY appeals court.
Stablecoin Issuers Be Warned: New York AG’s Arm Is Long
Andrew Singer
2020-07-25T15:00:00+01:00
13320
News
Tether has reached $10 billion in market capitalization as growth in 2020 picked up.
Tether Jumps to $10 Billion Market Capitalization
Andrey Shevchenko
2020-07-22T12:31:00+01:00
3609
Markets News
Increasing stablecoin use and the rise of DeFi has made Ethereum the most used blockchain.
Ethereum ‘Flippens’ Bitcoin to Become the Most Used Blockchain
António Madeira
2020-07-21T20:44:00+01:00
22021
News
Tether rose quickly to $9.1 billion in 2020 as supply doubled since March, but some of that is old money being repurposed into USDT.
Sizable Portion of Tether’s $4.5B Growth Comes from Exchange Fiat
Andrey Shevchenko
2020-07-21T17:53:00+01:00
5316

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