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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.
In early April, a significant hack targeted MEV bots, resulting in the withdrawal of $25 million through an exploited vulnerability. Tether later took action by blocking the address of the validator responsible for the withdrawal.
Euro Tether (EURT) and Tether Gold (XAUT) stablecoins expand to StealthEX and SimpleSwap platforms while USDT regains 2022 market cap.
Bank of America has highlighted the tokenization of real-world assets, including funds, equities, and commodities such as gold, as a “key driver of digital asset adoption.”
Jack MartinBank of America has highlighted the tokenization of real-world assets, including funds, equities, and commodities such as gold, as a “key driver of digital asset adoption.”
Jack MartinIn early April, a significant hack targeted MEV bots, resulting in the withdrawal of $25 million through an exploited vulnerability. Tether later took action by blocking the address of the validator responsible for the withdrawal.
Alex HarutunianEuro Tether (EURT) and Tether Gold (XAUT) stablecoins expand to StealthEX and SimpleSwap platforms while USDT regains 2022 market cap.
Alex HarutunianUsers of the platform Bit2Me can make transactions with Tether Gold (XAUT) and Euro Tether (EURT).
Alex HarutunianThe well-known messaging app Telegram has added the functionality for users to buy, store, and send Tether (USDT), the world's largest stablecoin.
Alex HarutunianThe WSJ released a report earlier in March accusing Tether of shady dealings, citing emails and records from 2018. In response to the WSJ's allegations, Tether published an official statement on their website.
Alex HarutunianAfter Saturday saw the value of the USDC fall, trust in the stablecoin Tether (USDT) increased, driving its growth.
Alex HarutunianThe Wall Street Journal accuses Tether of shady transactions and forgery of documents, referring to emails made available to journalists. Tether refutes the information.
Alex Harutunian