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Tether issues the world's largest stablecoin by market capitalisation, USDT. It is referencing (pegged to) the U.S. dollar. USDT is classified as a centralized stablecoin, backed by U.S. dollar deposits, short-term U.S. Treasuries, cash equivalents and other Tether's reserves. The company also issues EURT, XAUT and other stablecoins.
Tether issues the world's largest stablecoin by market capitalisation, USDT. It is referencing (pegged to) the U.S. dollar. USDT is classified as a centralized stablecoin, backed by U.S. dollar deposits, short-term U.S. Treasuries, cash equivalents and other Tether's reserves. The company also issues EURT, XAUT and other stablecoins.
On November 3, Tether together with SmartPay, will make USDT coins available at more than 24,000 ATMs in Brazil.
Tether has completely gotten rid of commercial papers, replacing them with U.S. Treasury Bills (T-Bills).
Together with Holepunch and Synonym, Tether will launch a P2P сredit system, Pear Credit, in 2023.
Alex HarutunianTogether with Holepunch and Synonym, Tether will launch a P2P сredit system, Pear Credit, in 2023.
Alex HarutunianOn November 3, Tether together with SmartPay, will make USDT coins available at more than 24,000 ATMs in Brazil.
Alex HarutunianTether has completely gotten rid of commercial papers, replacing them with U.S. Treasury Bills (T-Bills).
Alex HarutunianJudge Katherine Polk Failla issued an order that Tether must provide its financials to prove support for USDT. This order relates to a court case initiated back in 2019.
Alex HarutunianJournalists from the Wall Street Journal published an article that calls into question the reliability of Tether. Journalists believe that…
Alex HarutunianDue to the sanctions against Tornado Cash, the market capitalization of the Tether stablecoin has grown by almost two billion dollars…
Alex HarutunianStablecoin Tether continues to get rid of commercial securities, following its plan. And Maker DAO redistributes the reserves of the stable…
Alex HarutunianThe main stablecoin has been criticized before but after the situation with TerraUSD, a tsunami of doubts and critical statements hit…
Alex Harutunian