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.
Synonym is a bitcoin open-source software company that is developing peer-to-peer protocols and applications for global Bitcoin adoption. It promotes “hyperbitcoinization” - a future state where Bitcoin is more widely used as a default value and payment system.
At the end of October, Bloomberg, citing its sources, published an article stating that a new investigative team is taking over looking into the alleged fraud of the Tether leadership.
Tether's reaction followed very quickly. In a message on the official website, the company accused Bloomberg of lying
Synonym is a bitcoin open-source software company that is developing peer-to-peer protocols and applications for global Bitcoin adoption. It promotes “hyperbitcoinization” - a future state where Bitcoin is more widely used as a default value and payment system.
At the end of October, Bloomberg, citing its sources, published an article stating that a new investigative team is taking over looking into the alleged fraud of the Tether leadership.
Tether's reaction followed very quickly. In a message on the official website, the company accused Bloomberg of lying
Judge 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.
