Tag: USDT
Tether (USDT) Holding Steady as Bull Market Slows
For several days, we have seen the crypto market move steadily upward, showing signs of a subtle bullish trend. It looks like the market may be slowin [...]
USDT market cap up by $2 billion following Tornado Cash debacle
The market capitalization of Tether (USDT) tokens has increased by nearly $2 billion since the U.S. Treasury Department imposed sanctions on cryptocur [...]
Tether (USDT) Up after Showing Support for Ethereum
Ethereum is getting ready to upgrade with a proof-of-stake mechanic that will drastically alter its blockchain workings. This upgrade is being called [...]
Tether calls thesis behind USDT short-selling ‘flat out wrong’
Tether, the issuer of Tether (USDT), says that hedge funds that attempted to short its stablecoin after Terra’s collapse in May are using a thesis tha [...]
How Is Tether (USDT) Weathering the Uncertain Crypto Market?
The cryptocurrency market is going through an extended rough period. Part of this is due to a poor global economy and part due to uncertainty and a la [...]
Salary payments in USDT stablecoin ruled as illegal in the Chinese court
Despite the Chinese government banning all kinds of cryptocurrency transactions last year, some firms apparently still use stablecoins like Tether (US [...]
Circle’s USDC on track to topple Tether USDT as the top stablecoin in 2022
The growth of Circle's native stablecoin USD Coin (USDC) in the last two months compared to its $66-billion rival giant Tether (USDT) is nothing short [...]
Tether (USDT) Stays Flat Amid Hedge Fund Panic
There have been reports circulating recently about hedge funds being used in an attempt to short Tether and cause a huge shift in the stablecoin and c [...]
First Mover Asia: Bitcoin Holds Steady Over 20K; USDC's ‘Flippening’ of USDT and the Continued Stablecoin Bear Market
Ether and most major altcoins spent much of the day in the green; a crisis in confidence has put pressure on the USDT peg.
www.coindesk.com [...]
Do the Massive Tether (USDT) Pullouts Indicate Loss of Investor Confidence?
More than $1.6 billion in Tether (USDT) tokens was cashed out in less than two days, and it has market analysts wondering whether Tether is in serious [...]
Tether’s USDT market cap dips below $70B for an 8-month low
Tether (USDT), the biggest stablecoin and the third largest digital currency by market capitalization, continues losing its market value amid the curr [...]
Tether aims to decrease commercial paper backing of USDT to zero
The major stablecoin company Tether is looking to eventually get rid of commercial paper backing for its U.S. dollar-based stablecoin Tether (USDT).Te [...]
Celsius crisis has no impact on USDT reserves
The ongoing crisis of Celsius’s native token has nothing to do with the stablecoin provider Tether and will not impact its USDT reserves, according to [...]
Tether deploys new USDT token on the Tezos blockchain
Leading cryptocurrency stablecoin Tether has announced the launch of a new asset, Tether (USDT) tokens built on the Tezos blockchain, and with the amb [...]
What Is Tether? How USDT Works and What Backs Its Value
Since then, Tether has expanded to numerous blockchains, launched various tokens and skyrocketed in popularity. As of the end of May 2022, all the USD [...]