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,...
Tag: USDT
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...
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 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’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 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’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 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...
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...
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...
‘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...
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...
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 volatile as cryptocurrencies. Their pricing tends to fluctuate, and when you least expect it, the pricing skyrockets. The plea...
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...
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 as USDT. This uncertainty has continued to linger weeks after the crash leading to investors mov...
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 It’s reserves decreased by 17% Tether, the administrator of the world’s biggest stabl...
Tether (USDT) stablecoin withdrawals top $10 billion
Tether claims its dollar-pegged token is “fully backed.” Justin Tallis | Afp | Getty Images Investors have yanked more than $10 billion out of tether in the past two weeks amid heightened ...
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. Following the recent crypto crisis, Tether has paid out $10 billion in withdrawals. Terra has witnessed the most unex...
$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 us were unknown to UST before, and what actually the stablecoin stands for. It’s a big deal, ...
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 the investors are reassessing their preference for stablceoin due to USDC’s increased market cap. Here ...
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 as the major cryptocurrencies collapsed to its lowest level of 2022. In a week, more than $30 bi...
Why USD Coin [USDC] may not yet be ready to overtake Tether [USDT]
Tether [USDT] must surely feel USD Coin [USDC] breathing down its neck in terms of market cap ranking as investors look at the wreckage of TerraUSD [UST] and re-assess their stablecoin preferences. To...
After TerraUSD (UST) De-Pegging Scare, Tether (USDT) Releases Report Claiming It Has Fully Backed Reserves
As the most recent crypto market crash is putting the spotlight on stablecoins, one of the leading dollar-pegged tokens says its valuation remains secure. In a new post, Tether Holdings Limited announ...
Here’s How Tether (USDT) Plans on Improving the Quality of Reserves
Tether, a stablecoin issuer, claimed in the first quarter of this year that it lowered its commercial paper holdings to strengthen the integrity of its reserves. Tether announced today that its commer...
Stablecoin Tether ($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 after the stablecoin lost its peg to the US dollar last week amid $UST crash. Tether (USDT), the worl...
USDC Increasingly Becoming Preferred Stablecoin Over USDT
Latest data from Glassnode suggests USDC may be becoming the crypto market’s preferred stablecoin over USDT. USDC’s Supply Surged Up Recently, While USDT’s Plunged Down As per the latest weekly report...
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 | Getty Images The issuer of the stablecoin tether said in a report that the controversial digital curre...
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, ...