What Is the Purpose of Stable Coins Like USDT

Last Updated on May 25, 2022 at 16:11 Very few assets in the world are as…

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.…

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…

Over $10 Billion Pulled From USDT As Stablecoin Crises Continues

The uncertainty around stablecoins had begun with the UST crash and inevitably spilled unto others such…

USDT market cap has dropped by US$10B

USDT’s market capitalization was at US$73.35 Billion USDT Price at the time of writing – $0.9992…

Tether (USDT) stablecoin withdrawals top $10 billion

Tether claims its dollar-pegged token is “fully backed.” Justin Tallis | Afp | Getty Images Investors…

Investors Unsure if Tether (USDT) Will Follow Same Trend as Terra

Altcoin News In the second week of May 2022, Tether fell below the 1:1 dollar peg.…

$USDT Can’t be Redeemed 100%, It is Less Probable to Collapse Says Jun Yu – Coinpedia – Fintech & Cryptocurreny News Media

The collapse of crypto Luna and its associated terraUSD stablecoin were really Unexpected. whereas many of…

The Demand For USDC Spike, Yet It May Delay The Overtaking Of USDT! Here Is Why

After the Tether (USDT) collapsed below $1 recently, all focus has been shifted towards USDC as…

Traders Shift From USDT To USDC Due To These Metrics! What Next ? – Coinpedia – Fintech & Cryptocurreny News Media

Last week as the Terra blockchain collapsed, the turbulence was felt by the whole cryptocurrency market…

Why USD Coin [USDC] may not yet be ready to overtake Tether [USDT]

Tether [USDT] must surely feel USD Coin [USDC] breathing down its neck in terms of market…

After TerraUSD (UST) De-Pegging Scare, Tether (USDT) Releases Report Claiming It Has Fully Backed Reserves

As the most recent crypto market crash is putting the spotlight on stablecoins, one of the…

Here’s How Tether (USDT) Plans on Improving the Quality of Reserves

Tether, a stablecoin issuer, claimed in the first quarter of this year that it lowered its…

Stablecoin Tether ($USDT) Reveals Reserves Fully Backed In New Report

Stablecoin firm Tether Holdings Limited has come out to allay fears of a possible USD/USDT decline…

USDC Increasingly Becoming Preferred Stablecoin Over USDT

Latest data from Glassnode suggests USDC may be becoming the crypto market’s preferred stablecoin over USDT.…

Tether claims USDT stablecoin is backed by non-U.S. bonds

Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp |…

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…

Tether Calms USDT Depeg Fears With New Reserves Report

Key Takeaways Tether has published its Consolidated Reserves Report along with attestation from the independent auditing…

Implosion Of Tether Is Closer Than Ever! Fears Over USDT Downfall Loom

Tether’s USDT market valuation has decreased by nearly $9 billion after Terra’s UST meltdown. The market…

Tether (USDT) Supply Plummets To $74 Bln, Will It Crack Under Pressure?

Tether (USDT), the world’s largest stablecoin, saw its total supply fall sharply this month as more…

Stablecoin Preferences See A Shift From USDC To USDT! Here Is Why – Coinpedia – Fintech & Cryptocurreny News Media

Yesterday, the 17th of May, the cryptocurrency market was in green with Bitcoin and other major…

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.…

Crypto Crash Marked by the Reclamation of $7.6B of Tether (USDT) Stablecoins – crypto.news

More and more digital investors are skeptical about the crypto crash, prompting them to cash out…

Investors Remove $7 Billion from Tether Within 48 Hours, Fearing USDT May Lose Its Peg

Yuri Molchan $7 billion has been removed from USDT as investors fear that Tether may go…

Tether (USDT) redemptions fuel fears about stablecoin’s backing

Tether has faced repeated calls for a full audit of its reserves. Justin Tallis | AFP…

Tether Increases U.S. Treasuries Exposure Amid USDT Dump

Gamza Khanzadaev Increase in treasuries exposure comes along with concurrent cut of commercial papers According to…

Whales Dump $710 Million Worth of Tether in Fear of De-Peg, USDT Trades at $1

Arman Shirinyan Even large cryptocurrency investors felt psychological pressure on their USDT holdings According to the…

Bitcoin (BTC) hits $27000, smart investors buy Gnox (GNOX) Presale and USDT, Here’s Why

It’s a nightmare week for cryptocurrency investors as the sell-off continues. Bitcoin plummeted to its lowest…

UST to USDT: Here’s what caused largest 1-day dump in USDT’s addresses

The ongoing cryptocurrency crash has injected a chaotic sentiment within the investors. The steep decline saw…

Fearing a de-peg, Whales Dump $710 Million Worth of Tether (USDT)

Whales have been actively dumping their USDT holdings on the market after the danger of a…