The leading stablecoin issuer, Tether, is looking to further reduce its commercial debt holdings, according to Tether and Bitfinex CTO Paolo Ardonio. “Over time, we will keep reducing the commercial ...
Tag: Tether
Bitfinex and Tether Donate 25 BTC to Aid El Salvadoran Families Hit by Gang Violence
Cryptocurrency exchange Bitfinex, in collaboration with USDT issuer Tether, recently launched a digital asset fund and donated over $1 million in bitcoin to assist families in El Salvador affected by ...
Tether Launches USDT on Kusama Network
According to the announcement, USDT will trade and facilitate transactions on the network’s first parachain Statemine. Tether has announced the launch of its digital asset USDT on the Polkadot’s Kusam...
Bitfinex Shows Green Light For Withdrawal And Deposit Of Tether Tokens (USDT) On Kusama
Bitfinex, a cutting edge virtual token trading platform, has allowed its users to make withdrawal as well as deposits of Tether tokens (USDT) on Kusama, a scalable network of esoteric blockchains. The...
Tether to shrink commercial paper holdings for USDT reserves
Tether, the issuer of the USDT stablecoin, has announced plans to reduce its short-term corporate debts used to back the value of USDT. USDT is a stablecoin whose value is pegged to $1, and its price ...
Tether Promises to Continue Cutting Commercial Paper Holdings
In brief Tether is a stablecoin pegged to the U.S. dollar. It’s backed by U.S. dollars as well as a slew of other holdings, including tokens, bonds, and commercial debt. For years, stablecoin is...
Tether to Reduce Holdings of Commercial Debt in USDT Reserves
Tether’s chief technology officer, Paolo Ardoino, said the company will reduce its commercial debt holdings, speaking to CNBC on April 13 at the Paris Blockchain Week Summit. The world’s largest stabl...
Tether Launches USDT on Polkadot’s Kusama Network
Tether has launched USDT on Polkadot’s Kusama network. The stablecoin is now available on several networks, and the company’s executives believe that this will help decentralized application developme...
Tether to Cut Its Commercial Paper Holdings
Alex Dovbnya Tether intends to further reduce the share of commercial paper in the reserves that back its USDT stablecoin Tether, the issuer of the largest centralized stablecoin of the same name, pla...
Stablecoins are the perfect Trojan horse for Bitcoin, says Tether CTO
As one of a number of Cointelegraph representatives attending the Paris Blockchain Week Summit (PBWS) at the historic Palais Brongniart — a neoclassical building that had been the headquarters for the...
Bitfinex and Tether Launch Relief Fund for Salvadoran Gang Violence Victims – crypto.news
Bitfinex and Tether have jointly launched a 25 BTC ($1 million) relief fund to help alleviate the sufferings of Salvadoran families affected by the gang violence (pandillas) in the country. More than ...
Tether launches USDT on Kusama
Tether has announced the launch of its USDT stablecoin on the Kusama network. This brings the world’s leading stablecoin into the Polkadot ecosystem. Tether enters Polkadot thanks to the launch of USD...
Tether Announces Launch of USDT on Kusama
Tether Operations Limited, the operator of Tether.io, has announced the launch of USDT on Polkadot’s canary network – Kusama. The company said the move will enable developers to compose trustless appl...
Tether is now on Kusama
Tether tokens have now launched on the Kusama network (KSM/USD). At launch, the Tether token will be used to power transactions on Kusama’s Statemine parachain under asset ID 1984, Invezz learned from...
Bitfinex and Tether Launch Public Fund to Support Salvadoran Families Affected by Gang Violence – Coinotizia
Bitfinex, a cryptocurrency exchange, and Tether, issuer of USDT, the largest stablecoin by market cap, have partnered to launch a cryptocurrency fund to support Salvadoran families affected by gang vi...
Bitfinex and Tether Launch Public Fund to Support Salvadoran Families Affected by Gang Violence – Bitcoin News
Bitfinex, a cryptocurrency exchange, and Tether, issuer of USDT, the largest stablecoin by market cap, have partnered to launch a cryptocurrency fund to support Salvadoran families affected by gang vi...
Tether (USDT) Plummets By More Than $500 Billion Since 2021
Tether (USDT) experienced a slight increase in real trading volume during the month of March, but plummeted by more than $500 billion since 2021. Indeed, March proved to be a difficult month for the c...
Queen Elizabeth’s Treasury Reveals How Cryptoassets Fit Into Post-Brexit U.K.
The U.K. announced earlier this week its strategic move to become a global hub for crypto. Here’s what you need to know. Her Majesty’s Treasury announced on Monday its strategic, ‘moves that wil...
CEO Behind $50 Billion Stablecoin Explains Why Not All Digital Dollars Are Created Equal
Circle CEO Jeremy Allaire Circle Financial Jeremy Allaire is CEO of Circle, one of the primary issuers of the dollar-pegged USD Coin, one of the fastest growing stablecoins in the world. With a market...
Tether Gold surpasses $500 million in capitalization
As a result of surpassing this important threshold, Tether Gold can now also be used as collateral to obtain loans. Tether Gold explodes The market capitalization of Tether Gold (XAUT) recently rose t...
5 Reasons to Buy Tether Now
You must have heard about the name Tether if you are well-versed with the cryptocurrencies that are available in the present crypto world. It is a coin just like any other cryptocurrency like Bitcoin,...
Tether (USDT) Is Hinting at Big Moves Coming for Crypto, According to Analytics Firm – Here’s Why
A leading crypto analytics firm says that surging Tether (USDT) activity could mean big price movement on the horizon for the overall crypto markets. In a new tweet, Santiment notes that last Thursday...
Bitcoin holds above $41,000 over the weekend, Tether shows bullish signs
As Bitcoin (BTC) wavers around $41,000, Tether is indicating big moves may be coming for crypto in general. According to data from analysts Santiment, Thursday and Saturday had the two largest days of...
Tether (USDT) Daily Unique Addresses Hit 2022 Highs, What It Means For Crypto Markets
A key measure of trade for top stablecoin Tether (USDT) hit its highest level this year, indicating an elevated level of demand. The data could imply two potential scenarios for the crypto industry, b...
Multiply with DeFi – Invest in Tether (USDT), Ripple (XRP) & FIREPIN (FRPN)
Decentralised Finance (DeFi) has changed the fundamental design of money to one in which all players are treated equally. It allows for all transactions to be entirely decentralised – which means all ...
Ukrainian vice prime minister requests Tether to block Russian transactions
The Ukraine vice prime minister, Mykhailo Fedorov, has asked Tether, the largest stablecoin issuer, to stop transacting with Russian users. This comes as Ukraine continues to advocate for more action ...
Ukraine Vice PM Fedorov Asks Tether to Stop Transactions to Russians
Continuing his quest to spread political and economic sanctions against Russia as much as possible, the Ukrainian Vice Prime Minister, Mykhailo Fedorov, asked Tether to halt servicing Russians. Mykhai...
Tether Deaf to Calls to Stop Transacting With Russia
The Ukraine government’s pleas for stablecoin transactions to be stopped has been met with deaf ears from Tether. On Friday, Ukraine Vice Prime Minister, Mykhailo Fedorov tweeted at Bitfinex and Tethe...
Stablecoin Tether Disregards Ukraine’s Plea to Halt Russian Use
Tie said it sticks to worldwide assets on Russia Ukrainians requested that Tether stop every single Russian exchange USDT Price at the time of writing – $1.00 Tie, the crypto stablecoin that has...
Tether rejects Ukrainian appeal of banning Russian transactions
TL;DR Breakdown Tether stablecoin rejects the Ukrainian plea of banning business with Russia. Tether claims to abide by international sanctions imposed on Russia. The crypto world continues to believe...
Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin Tether – Bitcoin News
The hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential to reap big rewards ...
Ukrainian Minister Calls on Tether, Bitfinex to Cease Russian Transactions
Key Takeaways Mykhailo Fedorov, Vice Prime Minister of Ukraine, has redoubled calls to restrict crypto transactions to Russians, this time singling out Tether and Bitfinex. Fedorov has previously call...