Tag: Tether

The collapse of another so-called stablecoin called terraUSD had shaken crypto investors’ confidence in tether.

Tether (USDT) showed slight signs of stress on Wednesday as it slightly dropped below $1 to trade at $0.99 on all major exchanges.

The meltdown in TerraUSD, one of the world’s largest stablecoins, rippled through cryptocurrency markets on Thursday, pushing another major stablecoin Tether below its dollar peg and sending bitcoin …

Binance, the cryptocurrency exchange, de-listed the coin in response. Tether, the most popular stablecoin, also came depegged on Thursday. And that’s just two examples from today. Cryptocurrency …

Tether, the third largest cryptocurrency in terms of market capitalization, said the majority of its reserves are in U.S. Treasuries after having reduced its exposure to commercial paper over the last …

Jim Cramer and Nouriel Roubini are two of Tether’s highest-profile critics. Both have questioned whether its stablecoin is backed by dollar reserves.

“Some have called this a ‘Lehman Brothers’ moment due to the contagion this may cause, however I am optimistic that UST’s [Terra’s] fall would not be that catastrophic — a collapse of USDT [Tether] …

The price of Tether, the world’s biggest stablecoin and a cornerstone of the cryptocurrency ecosystem, slipped away from its $1 peg on Thursday, intensifying worries amid a market-wide crash and …

Fears of contagion among already-falling cryptocurrencies if tether follows terra into collapse …

And absolutely no one knows when things will bottom out, with many people worried the entire market of fake digital money could go to zero as the stablecoin Tether officially traded below $1 for …

Tether, a stablecoin that is designed to maintain a 1:1 relationship to the U.S. dollar, has lost its peg amid volatile trading and a crash in the value of digital assets. Tether, which is the third …

Tether came under mounting strain on Thursday, pushing the price of one of the most important assets in global crypto markets well below its $1 peg. The $80bn stablecoin, which is …

Tether — which is supposed to be worth $1 — suffered its biggest drop in over a year as it dropped as low as $0.945.

Here’s a quick, simplified explanation of how Tether works. The company guarantees one-for-one redemptions at $1 to “verified customers”, with the caveat that redemption might be delayed “if such …

What is the outlook of the Tether price prediction? We explain whether USDT will survive the UST meltdown and what next.

LUNA/UST debacle leads to discrepancies in BTC-stablecoin trading pairs across global cryptocurrency exchanges.

Some were blaming a fresh push lower on the crypto market’s largest stablecoin, Tether USTUSD, -6.96%, also referred to by USDT, which was trading below the buck at as low as 95 cents. A Tether …