Tether’s total assets as of the end of the last quarter stood around $66.4 billion, the USDT issuer said in its latest quarterly assurance report. The stablecoin issuer, whose USDT token is the larges...
Tag: Tethers
Tether’s USDT Circulating Supply Sees Uptick After 3 Consecutive Months of Declines
After three months of continuous slumps, Tether’s USDT supply is starting to rise again. This trend could be indicative of a potential market recovery. The market cap of the world’s largest stablecoin...
Tether’s $840M Celsius loan liquidation poses legal troubles
Tether’s (USDT) liquidation of the $840 million loan it gave to Celsius could be under scrutiny under bankruptcy law to determine if the process was valid, the Financial Times reported July 26. The st...
How Tether’s Shrinking Market Share Could be Good for Crypto: Opinion
Tether still has the largest market share of all the stablecoins, but it is now around 43%, according to CoinGecko. Glassnode reports that the USDT market share is a slightly higher 45% but still show...
Hedge Funds Launch ‘Coordinated Attack’ On Tether’s USDT Following Terra (LUNA) Crash ⋆ ZyCrypto
Advertisement     Hedge funds are shorting Tether’s USDT with the trades running into hundreds of millions. Tether’s CTO thinks that the move is a “coordinated attack”...
Bitcoin’s future appears promising after Tether’s launch-know why?
With the recent introduction of Tether, Bitcoin’s future appears promising. Tether is a new cryptocurrency with a lot of promise because it is backed by tangible assets. About Tether and drawbacks A...
Tether’s CTO Criticizes Conventional Hedge Funds for Shorting USDT
2 hours ago | 2 mins read Altcoin News Ardoino said the team had handled 16 billion in redemptions in more than a month. Tether’s resilience and stability were repeatedly emphasized by Ardoino. Tether...
Circle’s USDC Surpasses Tether’s USDT, Here’s How
Circle’s stablecoin USDC has overtaken Tether’s USDT for the first time in the number of daily transactions on Ethereum, Nansen.AI CEO Alex Svanevik highlighted on Twitter. This news is the latest in ...
Circle’s USDC Flips Tether’s USDT in Daily Transactions on Ethereum
Alex Dovbnya USDT has surpassed Ethereum-based USDT by the number of transactions Circle’s USD Coin (USDC) stablecoin has surpassed Tether’s USDT by the number of daily transactions on the Ethereum bl...
Tether’s USDT market cap dips below $70B for an 8-month low
Tether (USDT), the biggest stablecoin and the third-largest digital currency by market capitalization continues losing its market value amid the current market downturn. On Thursday, USDT’s market cap...
The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9% – Altcoins Bitcoin News
During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital currencies. 66 days ago on April 11, 2022, tether’s market valuation...
Tethers USDT Stablecoin to Launch on Tezos Blockchain – Coinpedia – Fintech & Cryptocurreny News Media
Tether (USDT), the platform on which the world’s most popular stablecoin, USDT is built, has announced the introduction of USDT on the Tezos blockchain network in an effort to broaden its scope. Tethe...
Bitfinex/Tether CTO Paolo Ardoino Speaks to Tether’s Expansion
In an interview with Be[In]Crypto, Paolo Ardoino, chief technology officer of Bitfinex and Tether spoke on the current challenges the industry brings as stablecoins continue to remain a hot topic. The...
This is How USDC Outperformed Tether’s USDT in The Month Of May – Coinpedia – Fintech & Cryptocurreny News Media
The recent fall of Terra ClassicUSD (USTC) and other stablecoins have brought them under the radar and are being scrutinized with global regulators taking measures to protect and regulate them. The st...
USDC Outperforms Tether’s USDT In May, Here’s Why
The stablecoins have been under scrutiny due to the recent TerraClassicUSD (USTC) massive collapse. Global regulators have started taking steps to protect and control them. The total market value of t...
Tether’s reported bank partner Capital Union shares its crypto strategy
Capital Union, a Bahamas-based bank that reportedly holds a portion of reserves by the Tether (USDT) stablecoin issuer, has been actively involved in the cryptocurrency industry. The banking instituti...
Tether’s Desire to Keep its Banking Relationships and Reserves Secret Cost $18.5 Million
Initially Tether opened its account in Taiwan, after a cut-off with this corresponding account Tether moved further to Montreal and Puerto Rico. As it believes to maintain a strong relationship with t...
Some Of Tether’s Undisclosed Reserves Are Held Here!
Tether, the issuer of USDT, holds a secret percentage of its assets in a boutique Bahamian bank. It is also interesting to note that Tether’s reserves of cash, including other instruments, are now fac...
One Location of Tether’s Mysterious Reserves Revealed
USDT issuer Tether holds an undisclosed percentage of its assets in a boutique Bahamian bank. With USDT issuer Tether’s reserves of cash and other instruments coming under increasing scrutiny, individ...
Tether’s USDT stablecoin launches on Polygon
Tether has launched its USDT stablecoin on Polygon (formerly Matic Network), expanding its reach in the crypto market. Polygon is the 11th blockchain USDT will be available on, after Ethereum, Solana,...
MATIC Set For Huge Growth As Tether’s USDT Makes Grand Debut On The Polygon Network ⋆ ZyCrypto
Advertisement     Tether (USDT) has officially launched the stablecoin on Polygon’s network. The stablecoin issuer disclosed plans to expand to new blockchains after l...
Tether’s USDT Shakes Off Depeg Scare With Polygon Launch
Key Takeaways Tether’s USDT has launched on Polygon. It comes after USDT’s market cap has fallen by $10 billion in response to the collapse of Terra’s UST. Regulators worldwide have ...
Tether’s USDT Stablecoin Launches on Polygon (MATIC) Network
Tether – the company behind the world’s largest stablecoin – has now launched its premier Tether token (USDT) across Polygon. This will bring Tether’s utility to thousands of dapps running on the bloc...
Tether’s USDt now live on Polygon network » CryptoNinjas
Tether, the company operating the blockchain-enabled stablecoin platform, announced it has now launched the Tether token (USDt) on Polygon (formerly MATIC), the Ethereum blockchain scaling and develop...
Tether’s CTO says the UST collapse was caused by poor design
The Chief Technology Officer at Tether and Bitfinex, Paulo Ardoino, has said that the Terra project is “poorly designed.” Ardoino also reiterated that the Terra network was not intended to be a rug pu...
Tether’s Attestation Report Reveals Positive Outlook on Stablecoin’s Reserves
Tether’s recently issued attestation report indicates an optimistic view of the stablecoin’s reserves, which may come as a relief to crypto investors. Tether fund reserves are strong, according to the...
Latest Report On Tether’s Fund Reserves
In what could prove to be a sigh of relief to crypto investors, Tether’s newly released attestation report reveals positive outlook on the stablecoin’s reserves. The company’s latest quarterly assuran...
Why one hedge-fund manager invests in Bank of America and says Tether’s days are numbered
Guy Spier, the fund manager of the Aquamarine Fund, has no shortage of praise to pour upon Jamie Dimon, the chairman and chief executive of JPMorgan Chase. “The combination of Jamie Dimon and JPMorgan...
Tether’s $82.4B reserves exceed market cap of USDT
The world’s biggest stablecoin has just released its quarterly transparency report a day before the deadline of May 20. The report indicates that Tether’s reserves were $82.4 billion as of March 31, ...
What to Watch for in Tether’s Upcoming Attestation Report
When a stablecoin issuer issues stablecoins into the market, it normally keeps a corresponding asset in reserve to secure, or back, the stablecoin’s peg. As redemptions requests arrive, these reserves...
Is Tether’s USDT Going to Pull a UST? Probably Not
Key Takeaways Following Terra’s UST collapse, Tether’s USDT market cap has dropped by over $9 billion. The recent redemptions of USDT for dollars have led some to once again question the c...