Tether CTO Paolo Ardoino’s comments were a response to a report highlighting that China is moving out of US debt and buying gold.
Tether’s US Treasury Bonds Holdings Reach $72.5 Billion
Tether’s CTO Paolo Ardoino diclosed big news that surge in the Tether’s T-Bills holdings, reaching to 72.5 billion exposure in US Treasury bonds.
A Look at the Reserve Statements That Tether Tried to Conceal – Yahoo Finance
Tether rejected claims that up to 85% of its commercial paper portfolio was backed by short-term debt issued by Chinese or Asian companies. The …
Tether’s grip on crypto market eroded by harsh competition
Tether’s once undisputed dominance in the cryptocurrency landscape is being tested. The stablecoin giant, which has long been the cornerstone of the digital-asset market, is seeing its influence wane …
Tether’s USDT Stablecoin Was Once Backed by Chinese Securities – Bloomberg
The reserves backing Tether’s stablecoin have long been under scrutiny. Illustration: Carolina Moscoso Tether Holdings Ltd. once counted securities issued by Chinese companies among the reserves …
Tether Lied. Is USDT Unsafe? Consider MillionaireGame (MG) Over … – Analytics Insight
Despite vehement denials by Tether’s Chief Technology Officer, Paolo Ardoino, on Twitter, the controversy has led many investors to consider diversifying their stakes in USDT. One result is a surge of …
Blockchain Breakthrough: Tether (USDT) Ousts SWIFT for USD … – Crypto News Flash
In a groundbreaking development, the world of finance has witnessed a shift as Tether (USDT), the popular stablecoin, has ousted SWIFT for USD transfers in Xapo Bank. Building on its successful launch …
Stablecoin Reshuffling Chips Away at Tether’s Crypto Market Dominance
Tether, the digital token that underpins much of cryptocurrency world’s ecosystem, saw its market capitalization decline for the first time in nine months amid a growing reshuffling of the stablecoin …
Tether CTO Paulo Adoino Explains 1 Billion USDT Issuance – NewsBTC
NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at …
USDT embroiled in depeg rumors amid stability concerns
USDT, the largest stablecoin in the crypto industry by market capitalization, has faced a series of depegging incidents throughout August, according to recent research by Kaiko. Stablecoins, which are …
Tether (USDT) and Tradecurve to help tackle hyperinflation in … – Crypto News Flash
Residents all over the world are leveraging stablecoins like Tether (USDT) to combat hyperinflation. Argentina is a prime example where the Peso suffers from an inflation rate exceeding 100%, and …
Lira-Backed TRYB Token Becomes World’s Second-Largest Non-Dollar-Pegged Stablecoin
The market cap of BiLira’s TRYB token has increased more than 300% to $136.10 million, the second-highest among non-U.S. dollar-pegged stablecoins.
Binance CEO Criticizes Tether (USDT), Here’s Why – U.Today
Tune in to our Twitter Space with @cz_binance below 👇 also added that the majority of his counterparties and colleagues had not seen …
Tether (USDT) Replaces SWIFT for USD Operations of Xapo Bank … – U.Today
We are going to see more of this. Tether improves on the banking system. such, Xapo Bank becomes the first regulated banking entity …
Tether (USDT) Plans to Boost Its $1.5 Billion Bitcoin (BTC) Holdings – U.Today
Tether will regularly allocate up to 15% of its net realized operating profits towards purchasing Bitcoin. These Bitcoin shall be …
Tether Expands Bahamas Business Through Britannia Bank & Trust
The partnership seeks to improve the efficiency of dollar transfers on Tether’s platform. It represents the stablecoin issuer’s third banking partne …
Tether forms partnership with Bahamas-based Britannia Bank amid regulatory scrutiny
In a move that could potentially reshape the stablecoin landscape, Tether, the company behind the world’s leading stablecoin USDT, has reportedly entered into a partnership with Britannia Bank & Trust …
Tether (USDT) suffers a depeg – The Cryptonomist
Tether is the gateway to liquidity, in and out. So when interest in cryptocurrencies grows, we see inflows; when the cryptocurrency market sentiment is negative, we see outflows. We also cannot rule …
Tether adds Bahamas-based private bank Britannia as partner: Report
Tether, the stablecoin issuer behind USDT, has reportedly brought in Bahamas-based Britannia Bank as its latest banking partner, joining the likes of Deltec Bank and Capital Union Bank.
Tether looks to The Bahamas for dollar transfer processing as US banks sever crypto ties
Tether has integrated with Bahamas-based Britannia Bank and Trust for dollar transfer processing. Meanwhile, the full context of the stablecoin issuer’s banking relationships remains uncertain despite …
A Brief History of USDT
In the general history of cryptocurrencies, Tether’s USDT holds a position of note as a stablecoin that offered investors an opportunity for maintaining the value of their portfolios during the …