Bitfinex and Tether have come under a lot of scrutiny in recent years. So much even that an official lawsuit… 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.
The minting of USDT on the TRON (TRX) network continues, with more than 916 million stablecoins already in circulation. The… read more
It has been a while since BitPay surprised the cryptocurrency industry. In a new turn of events, the company is… read more
Tether’s supply has increased by another circa half a billion since September, reaching now nearly $4.7 billion across three blockchains… read more
Tether (USDT) is still the stablecoin of choice for most crypto traders. Despite criticism about Tether, Inc. not having complete… read more
Tether has come under scrutiny time and time again in the past year and a half. It now appears the… read more
The turnover and volumes of Tether (USDT) boomed in the past days, while the market was crashing. USDT volumes are… read more
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