The latest wave of redemptions of Tether tokens is threatening its dominance of the stablecoin market as the project’s …
Tether Hits Back at ‘Rumors’ Regarding its Commercial Paper Portfolio
The stablecoin provider issued a statement pushing back at ‘false rumors’ that its USDT coin is largely backed by Chinese and Asian commercial paper.
Tether Sees New Wave of Redemptions as Fear of Market Contagion Spreads
Investors pulled out some $1.6 billion this week from USDT, the largest stablecoin by market capitalization, amid growing nervousness as cryptocurrency prices keep sliding.
Stablecoin Tether Slams Rumors of Holding Asian Commercial Paper, Questions on Reserves
Tether has moved to counter “rumors” that 85% of its commercial paper is Chinese or Asian and trading at a 30% discount thus calling into question its …
Cryptocurrencies: Tether is ‘open to providing more information’
Short sellers in Tether have so far merely proven that the stablecoin can keep a one-to-one peg to the dollar, chief technology officer Paolo Ardoino asserts in an in-depth interview with Euromoney.
Tether Denies Claims of Asian Commercial Paper Backing, Exposure to Three Arrows Capital
Tether described certain rumours spreading to this effect as “completely false and likely spread to induce further panic.” …
Tether aims to decrease commercial paper backing of USDT to zero
Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it. The major stablecoin company Tether is looking to eventually …
Tether Clears Air Over USDT Backing As Crypto Collapses
Tether, the operator of the USDT stablecoin, on Wednesday derided hypothesis that the token is backed by low-rated debt. The agency mentioned in a press release that latest “rumors” that the portfolio …
Tether’s stablecoin loses its dollar peg again after lending platform Celsius freezes all withdrawals
Tether’s collapse could potentially be crypto’s “Lehman Brothers moment”, GlobalBlock analyst Marcus Sotiriou told Insider.
Tether treasury: Celsius’ crisis won’t impact USDT reserves
Tether has moved to reassure the market the events, or its business dealings with the lender won’t impact USDT reserves, even as Celsius remains in the spotlight …
Tether: 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 the company.
Pallapay – Revolutionary Way To Sell USDT Tether In Dubai For Cash Or Bank Transfer
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Terra’s Do Kwon accused of siphoning funds from network before the crash, again
A host of users, led by a Twitter user called FatManTerra, have accused the founder of draining the network before its crash. Kwon had earlier been accused of siphoning off $80 million per month from …
Crypto News Recap: Terra Founder Denies Cashing Out Before Crash
The craziest story this week in the crypto world was about the allegations that are hunting the founder of Terra, Do Kwon.
Crypto Biz: Stablecoins are paving the way for mass adoption of crypto, June 2-8
Stablecoins are a controversial subject in crypto. Questioning the legitimacy and backing of Tether is a right of passage for many entering the crypto market for the first time. T …
Tether Set To Launch on Tezos As USDT Recovers From Depegging
The largest stablecoin in the world will be coming to Tezos after having already launched on more than 12 blockchains to date.
Tezos Steals Spotlight With Tether Stablecoin Launch
With stablecoins remaining one of the hottest topics of the crypto world right now, Tether (USDT-USD) is making a push to join as many networks as it can. Luckily for XTZ crypto holders …
Tether’s New USDT Token Launches on Tezos Blockchain
The world’s largest stablecoin by market capitalization, Tether has announced the launch of a new asset built on the Tezos blockchain which expands the number of networks supporting USDT to 12. The …
Cro Price Prediction: Watch the 4-hour Chart’s Symmetrical Triangle
The Cro price prediction will depend on the outcome of the symmetrical triangle on the 4-hour chart of the CRO/USDT pair.
Tezos Hits Four-Week High Following USDT Launch
The price of XTZ was quick to react to the news of USDT launching on the Tezos blockchain, soaring by 9% earlier in the day.
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 ambition of expanding their digi …