The Financial Times recently published a report on Tether’s dependency on an obscure bank in the Bahamas in order to store some of its reserves. Capital Union, a Nassau-headquartered banking instituti...
Tag: Tether
Tether Has Had Some of Its Reserves at Obscure Bahamas Bank
Alex Dovbnya Tether has held some of its reserves at a tiny Bahamas bank Controversial stablecoin issuer Tether has relied on an obscure bank in the Bahamas in order to store some of its reserves, acc...
Top US Banking Regulator Says Tether (USDT) May Have Similar Vulnerability to TerraUSD (UST) Without Regulation
The head of a key US banking regulatory agency says Tether (USDT), a stablecoin designed to be pegged to the US dollar, may not be a safe place for crypto investors to park their capital. Earlier this...
Tether launches peso-pegged crypto in Mexico
Tether announces the discharge of a brand new peso-backed stablecoin on Ethereum, Tron, and polygonal shape as 40% of Mexican corporations think about blockchain adoption. USDT, the most important sta...
Tether Introduces Another Stablecoin, USDT Counterpart Pegged to Peso in Mexico
8 seconds ago | 2 mins read Editors News The peso, which is now trading at $0.051, will serve as the base currency for MXNT. According to data by Triple-A, most crypto in Mexico is utilized for specul...
Tether (USDT) Now Live on the Polygon Blockchain – crypto.news
Tether has announced the launch of its USDT stablecoin on the Polygon (MATIC) blockchain, taking the total number of USDT-supported networks to 11. Tether says the launch of USDT on Polygon will usher...
Tether to Offer Stablecoin USDT on Polygon
Tomiwabold Olajide Tether is the world’s third largest cryptocurrency, behind only Bitcoin and Ethereum Tether, the company behind the largest stablecoin in terms of market value, is now offerin...
Amid stablecoin market ‘May-hem’, Tether taking new steps to regain lost ground
The largest stablecoin with a market cap of $73 billion, Tether, ether has launched its native USDT on Polygon. The move is expected to help Tether gain ground as the leading stablecoin despite the re...
Here’s Why Tether CTO Thinks Terra Collapse Was An Important Moment For Crypto Industry
The collapse of TerraUSD devastated many investors this month; however, one crypto leader sees the fallout as something that the industry needed desperately. Tether(USDT) ‘s CTO says that it’s signifi...
Tether Launches New Stablecoin in Mexico
Tether announces the release of a new peso-backed stablecoin on Ethereum, Tron, and Polygon as 40% of Mexican companies consider blockchain adoption. USDT, the largest stablecoin by market ...
Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks – Altcoins Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Tether ingresa a América Latina con una stablecoin vinculada al peso mexicano
“Hemos visto un aumento en el uso de criptomonedas en América Latina durante el último año, lo que hizo evidente que necesitamos expandir nuestras ofertas”, dijo el director de tecnología de Tether, P...
Tether Enters Latin American Market with Mexican Peso-Backed Stablecoin
Tether has announced the launch of MXNT, a new type of a stablecoin backed by Mexico’s national currency, the peso. Initially, MXNT will be available on three main blockchains – Ethereum, Tron, and Po...
Tether USDT Finally Launched in Polygon Chain
USDT gets launched upon the Polygon network. USDT is expected to soar high with a much greater market cap. Focus towards stablecoins high, amidst Terra UST Fails. The talks or even people rather notic...
Tether launches USDT on Polygon
Today, Tether announced that it has also launched its USDT tokens on Polygon, one of Ethereum’s largest layer-2s. Tether lands on the layer-2 Polygon Tether (USDT) joins the Polygon family USDT is th...
Crypto Whales Locomoting Towards USDC Instead Of Tether (USDT) Amid Crypto Havoc
UST failure gave rise to big investors in Ethereum blockchain to leave USDT behind for the perceived security of its greatest rival. As per a data aggregator, wallet addresses on Ethereum holding over...
Paolo Ardoino Thinks Tether Products Will Bridge Users To USDT
Tether’s decision to release new virtual assets pegged to Mexican peso will be a blessing to cryptocurrency adoption in Latin American nation. Tether has identified an escalating demand, the organizat...
Tether Eyes Mexican Market With Peso Stablecoin
Key Takeaways Tether has launched a new stablecoin pegged to the Mexican Peso. MXNT is Tether’s the fourth fiat-pegged stablecoin. The new token is currently supported on Ethereum, Tron, and Pol...
‘Other flavors of Tether’ will bridge users to USDT: Paolo Ardoino
Tether’s decision to launch a new digital asset pegged to the Mexican peso will be a boon to crypto adoption in the Latin American country by providing more onramps to the USDT stablecoin, according t...
Tether launches stablecoin pegged to pesos on Ethereum, Tron and Polygon
Amid market issues surrounding stablecoins, Tether (USDT) launched a new digital asset that will be pegged to the Mexican peso on Ethereum (ETH), Tron (TRX) and Polygon (MATIC) networks. In an announ...
Tether Launches Stablecoin Pegged to the Mexican Peso
Tether, the issuer of USDT, the world’s largest stablecoin by market cap, has launched a new stablecoin pegged to the value of the Mexican peso, the company announced Thursday. Tether Launches Its Fo...
Stablecoin Tether launches on Polygon Network
The stablecoin market has been part of the headlines since the second week of May. Post the TerraUSD (UST) massacre; investors felt shaky about the future of stablecoins. Meanwhile, some positive news...
Tether launches a new stablecoin pegged to the Mexican peso
Tether has launched a new Mexican peso-pegged stablecoin, marking its entrance into Latin America. Dubbed MXNT, the stablecoin will initially be available on the Ethereum, Tron and Polygon blockchains...
Tether launches a token pegged to the Mexican peso
Tether, the world’s most widely used stablecoin, is issuing MXNT, a new token pegged to the Mexican peso. Tether issues a stablecoin pegged to the value of the Mexican peso Tether, the platform behind...
Crypto Whales Ditched Tether for USDC After Stablecoin Panic
For example, DAI, the largest decentralized and overcollateralized stablecoin, is holding USDC instead of USDT in its treasury. DAI, the currency of the blockchain protocol MakerDAO, has a market capi...
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon – Coinotizia
The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT toke...
Company Behind Tether (USDT) Launches New Stablecoin Pegged to Mexican Peso
The firm behind Tether (USDT) is adding another fiat currency-pegged token to its stable of international stablecoins. According to a new press release, Tether Limited, the Hong Kong-based company beh...
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon – Altcoins Bitcoin News
The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT toke...
Almost $1 trillion wiped from crypto markets over last 7 weeks – Tether continues to bleed
Crypto markets have continued to haemorrhage since early April this year, as they are pushed down by most other asset classes during the current economic downturn. Biggest stablecoin Tether has lost m...
Swiss Bank Dukascopy Allows Deposits And Withdrawals in Tether USDT
Tether USDT is the First Stablecoin Offered by Dukascopy. Tether (USDT) currently trading at $0.998994 USD. Dukascopy Bank SA, a Swiss financial services company, announced that it had enabled blockch...
Traders Withdraw $10M Tether USDT, Yet The Firm Claims To Be Strong
A few days ago, the global cryptocurrency market had just entered a recovery phase but that didn’t last long as the market is once again overshadowed by the bearish momentum today. The recent updates...