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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.

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.

Exchanges   -   Aug 07, 2023 Justin Sun Allegedly Drops $209 Million and Urges End to Huobi ‘FUD’
Justin Sun Allegedly Drops $209 Million and Urges End to Huobi ‘FUD’

Justin Sun allegedly transferred $209 million to help stabilize the crypto exchange that he controls. Does the extravagant crypto billionaire possess enough resources to weather the storm?

Stablecoins   -   Aug 05, 2023 Tether Stablecoin Consolidated Reserves Report - 2023-Q2
Tether USDT BDO CRR report

Tether published its quarterly reserve report. The company has built up reserves but added little to the overall transparency.

Lugano Plan B 3Achain Tether
Adoption   -   Aug 23, 2023 Tether Hosts 3Achain Validator Node: Doubles Down on Lugano Plan ₿

The stablecoin issuer has reaffirmed its commitment to the Swiss city of Lugano’s Plan ₿ initiative, by hosting and managing a validator node on the project’s 3Achain blockchain.

Jack Martin
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Adoption   -   Aug 23, 2023 Tether Hosts 3Achain Validator Node: Doubles Down on Lugano Plan ₿
Lugano Plan B 3Achain Tether

The stablecoin issuer has reaffirmed its commitment to the Swiss city of Lugano’s Plan ₿ initiative, by hosting and managing a validator node on the project’s 3Achain blockchain.

Jack Martin
Exchanges   -   Aug 07, 2023 Justin Sun Allegedly Drops $209 Million and Urges End to Huobi ‘FUD’
Justin Sun Allegedly Drops $209 Million and Urges End to Huobi ‘FUD’

Justin Sun allegedly transferred $209 million to help stabilize the crypto exchange that he controls. Does the extravagant crypto billionaire possess enough resources to weather the storm?

Sasha Markevich
Stablecoins   -   Aug 05, 2023 Tether Stablecoin Consolidated Reserves Report - 2023-Q2
Tether USDT BDO CRR report

Tether published its quarterly reserve report. The company has built up reserves but added little to the overall transparency.

Alex Harutunian
Stablecoins   -   Aug 04, 2023 Tether Blacklists Account Preventing $20M Loss Through Hacking Scheme
Tether Blacklists Account Preventing $20M Loss Through Hacking Scheme

As Tether again stopped a scam in its tracks by blacklisting a hacker’s account, users are reminded about the powers they hand to centralized money issuers.

Eva Senzaj Pauram
Adoption   -   Jul 14, 2023 Merchants on Telegram Can Now Accept Crypto Payments Directly in App
Telegram wallet merchant payment

Telegram’s Wallet bot, which is powered by the TON blockchain, has just launched the functionality for merchants to accept retail payments in tether, bitcoin and TON tokens, directly within the app.

Jack Martin
Stablecoins   -   Jun 21, 2023 Tether Depeg and CoinDesk: Hostile Competition or Just a Coincidence?
Tether logo, Coindesk logo, USDT price chart

Last week Tether's USDT stablecoin suffered a brief depeg to 99 cents. The issue was potentially significant due to the surrounding circumstances.

Alex Harutunian
Stablecoins   -   May 24, 2023 Tether Bets on Bitcoin
USDT logo, Bitcoin logo

Tether has announced its new investment strategy. To strengthen and diversify reserves, the company plans to regularly buy bitcoin with realized profits.

Alex Harutunian
Adoption   -   May 24, 2023 Tether On Strike
Tether logo, Strike logo, handshake emoj

Tether and Strike money app have merged their user bases by adding USDT to the bitcoin-only platform.

Alex Harutunian
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