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.   

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
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
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
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
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
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
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
New Year Special
Facebook’s Libra, Ethereum, QuadrigaCX, Tether and Bitfinex — Cointelegraph breaks down the biggest stories of 2019.
2019 in Review: Another Year of Highs and Lows for Crypto
Gareth Jenkinson

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