In the past days, Tether (USDT) increased its circulating supply by around 418 million tokens, which were held until now… read more
What is Tether?
Tether (USDT) is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by 1 US Dollar held in the reserves of Tether Limited. Tether can be transferred, stored, spent, just like any other cryptocurrency. Tether (USDT) offers an alternative to Proof of Solvency methods by introducing a Proof of Reserves Process. Tether is a crypto-fiat stable coin, meaning that its value mirrors that of the US Dollar. Learn more about Tether in our cryptocurrency guides.
In a continuation of bullish events this week, total volume reached an all-time high of $89 billion on the 3rd… read more
Cardano (ADA) is continuing its strong bullish momentum, surging over 20% and overtaking Tether (USDT) and Stellar Lumens (XLM) in… read more
Tether (USDT), the most used fiat-pegged stablecoin, has hit an all-time high by the number of daily transactions, according to… read more
DragonEx joined the list of hacked exchanges, as the market operator reported losses through its Telegram channels. The Singapore-based exchange… read more
Bitpanda, the Austrian cryptocurrency broker, has started the process of adding stablecoins to its portfolio. The platform added Tether (USDT)… read more
Tether’s Lack of Fiat Backing Could be Catastrophic for Bitcoin, Analyzing USDT’s Troubling Terms of Service
Tether, the market-leading stablecoin in both market capitalization and controversy, made changes to its legal terms of service that indicate… read more
Controversial stablecoin Tether is in the spotlight again after changes to the details of the way in which it backs… read more
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