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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.
This week's Roundup comes with a snapshot of Tether's recent quarterly report.
Tether is winning the stablecoin race so far, making it not only the best blockchain use case, but also shaping the future of digital money.
As the stablecoin market surges, Circle's USDC emerges as a potential challenger to USDT's dominance, thanks to its growing supply, global adoption, and perceived stability.
Mathilde AdamAs the stablecoin market surges, Circle's USDC emerges as a potential challenger to USDT's dominance, thanks to its growing supply, global adoption, and perceived stability.
Mathilde AdamThis week's Roundup comes with a snapshot of Tether's recent quarterly report.
Alex HarutunianTether is winning the stablecoin race so far, making it not only the best blockchain use case, but also shaping the future of digital money.
Alex HarutunianTether shows its commitment to U.S. policy compliance as USDT stablecoin‘s marketcap is at all-time high.
Alex HarutunianAs part of the city’s ongoing Plan ₿ to become the ‘European Bitcoin capital’ it has enabled a long-promised functionality for citizens to pay any invoice issued by the municipality in bitcoin or tether.
Jack MartinTether and Bitfinex won't appeal against the latest FOIL request from a group of journalists but outlined that this does not mean a wholesale release of all their documents.
Sasha MarkevichThe last three months of Tether's operations added nothing to its balance sheet, while declared profits were invested in other projects.
Alex HarutunianThe stablecoin issuer bought an undisclosed stake in Northern Data Group, which it claims is “set to become the biggest independent AI player in Europe.”
Jack Martin