Tether (USDT) is a stablecoin that is referencing (pegged to) the US dollar. USDT is classified as a centralized stablecoin, backed U.S. dollar deposits, short-term U.S Treasuries, cash equivalents and other Tether's reserves.
USDT
Tether (USDT) is a stablecoin that is referencing (pegged to) the US dollar. USDT is classified as a centralized stablecoin, backed U.S. dollar deposits, short-term U.S Treasuries, cash equivalents and other Tether's reserves.
The new stablecoin allows investors to lock in gold and receive US-dollar-pegged digital tokens, offering a unique twist on traditional stablecoin mechanisms.
With billions of dollars in the bank, Tether invests in projects that plan to use its USDT stablecoin as well as in interesting ventures that build on its other products.
The major exchanges are acting cautiously prior to the partial implementation of MiCA, which might push Euro-pegged stablecoins adoption. USDT and USDC's future in the area remains unclear.
The major exchanges are acting cautiously prior to the partial implementation of MiCA, which might push Euro-pegged stablecoins adoption. USDT and USDC's future in the area remains unclear.
The new stablecoin allows investors to lock in gold and receive US-dollar-pegged digital tokens, offering a unique twist on traditional stablecoin mechanisms.
With billions of dollars in the bank, Tether invests in projects that plan to use its USDT stablecoin as well as in interesting ventures that build on its other products.
The DOJ has been cracking down on crypto-related money laundering schemes, evidenced by multiple recent arrests. However, Chainalysis data indicates a significant decline in crypto laundering since 2022.
The Open Network is gaining momentum. Its reunion with Telegram is an important partnership for both sides. Durov promises the Telegram-TON partnership will continue to grow as investors see huge potential in the duo.
While the hefty investment signals a focus on transformative technologies, questions linger about Tether's ability to disrupt the complex BCI landscape.
The bigger question relates to whether Tether would bow to Washington's sanctions if asked to do so — perhaps fearing recriminations on its other lucrative operations.
Tether’s USDT and its gold-backed XAUT tokens have gone live on The Open Network. A landmark deal for both sides, this cooperation might send ripples across the crypto industry.
