Competitors have added users since the world’s largest stablecoin briefly broke from its $1 peg in mid-May.
Tether Launches Stablecoin on Tezos to Unlock New DeFi Products
Tether’s USDT, the world’s largest stablecoin by market capitalization, is now available on the Tezos proof-of-stake blockchain.
Citi Says Crypto Market Volatility Has Affected User Adoption
Concerns about stablecoins following UST’s collapse have exacerbated declines in digital asset prices, the bank said.
Morgan Stanley Sees Crypto Equivalent of Quantitative Tightening
The bank pointed to weakness in crypto markets, the failure of a dollar stablecoin and a reduction in leverage in decentralized finance.
Justin Sun’s Terra-like Stablecoin Now Boasts Backing in Bitcoin, Tether, Tron
Launched first as an algorithmic stablecoin, Tron’s USDD has changed its operating model to avoid possible collapse like Terra’s UST.
Behind the Money: Tether’s path to the spotlight
Behind the Money, our in-depth business podcast, has just relaunched! We wanted to share one of our most recent episodes. Follow the show on Apple Podcasts, Spotify, Stitcher or A …
Sportsbet.io Bettor Wins 23.745 USDT After Placing 20 USDT on 8-Leg Parlay Bet with Boosted Odds
The newest Sportsbet.io winner seemed to play his/her cards right. The player made an 8-leg parlay with total odds of 2251.69. Luckily, the bettor enjoyed boosted odds from the sportsbook taking the …
What Is Tether? How USDT Works and What Backs Its Value
Tether issues one of the most popular and widely used cryptocurrencies on the crypto market, a stablecoin called tether (USDT). Tether the protocol is closely connected to the crypto exchange Bitfinex …
Expert Predictions: Will Tether Collapse?
The breakdown of Terra’s ecosystem raised wider concerns about the viability of stablecoins. We spoke to two seasoned crypto pros about issues surrounding Tether’s USDT.
Tether’s reported bank partner Capital Union shares its crypto strategy
Capital Union, a Bahamas-based bank that reportedly holds a portion of reserves by the Tether (USDT) stablecoin issuer, has been itself actively involved in the cryptocurrency industry. The banking …
First Mover Asia: Tether Is Quiet About Its Bankers. Will It Affect Its Peg?
Insights: Tether is honoring 1:1 peg redemptions – so far. Technician’s take: Buyers are reacting to oversold conditions, although upside in BTC appears limited. Catch the latest episodes of CoinDesk …
Tether Has Issued a New Stablecoin Pegged to the Mexican Peso
MXNT is Tether’s first entry into Latin America and is being described as a “testing ground” that will “pave the way” for more stablecoins in the region.
Tether has held some reserves at Bahamas bank Capital Union
Tether has held some of its reserves at a small Bahamas bank called Capital Union, people familiar with the matter said, shedding further light on how the group manages the $73bn …
Tether – The $80bn stablecoin that (briefly) wasn’t, but is now back on track
Stand by for a masterclass in cryptocurrency – and stablecoins – from industry veteran Paolo Ardoino, chief technology officer and spokesman of Tether, the world’s largest stablecoin. BizNews editor …
Tether launches USDt on Polygon to fuel DeFi growth
“The Polygon ecosystem has witnessed historical growth this year and we believe Tether will be essential in helping it continue to thrive.” …
Tether Launches 4th Stablecoin Pegged To Mexican Peso; Cardano, Shiba Inu Up 11%
Tether launches token pegged to Mexican peso. The crypto markets rallied with big gains with most cryptos like Bitcoin, Ethereum, Cardano, Binance and Shiba Inu rising up to 11 per cent.
Stablecoins: Tether Token (USDt) Launches on Polygon
Stablecoins: Tether tokens (USDt) now launched on on Polygon (formerly MATIC), “a leading blockchain development platform.” …
Tether launches its USDT stablecoin on the Polygon network
Tether, the world’s largest stablecoin company, has launched its USDT stablecoin on the Polygon network bringing its utility to the over 19,000 decentralized applications (dApps) running on Polygon.
No, the UK Is Not Going to Make USDC and USDT Legal Tender
Crypto supporters on Twitter took this to mean the leading reserved stablecoins – USDT and USDC – would become legal tender in the U.K. But stablecoins don’t need to be legal tender to be used for …
Tether Is Betting On Emerging Markets as Stablecoin Battle Heats Up
Finance officials have warned over the role of crypto in developing markets. But Tether’s CFO says there is merit in providing services to the “unbanked.” …
Tether CTO: TerraUSD collapse this month was ‘important moment for the crypto industry’
While the collapse of TerraUSD rattled many investors this month, one crypto leader sees the fallout as exactly what the industry needed.