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Tether (USDT) News



USDT

Hindenburg Research gives $1M award for USDT collateral information

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Research firm Hindenburg Research has offered a $ 1 million reward for disclosing previously unknown collateral for the Tether (USDT) stablecoin. The company called Tether “a key element of the multi-trillion dollar cryptocurrency market,” but questioned the legitimacy of providing it....

Tether execs investigation

The US Authorities Investigating Tether for Possible Offense

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As reported by Bloomberg on Monday, the US Department of Justice began an investigation to find out if Tether execs are behind a bank fraud. Particularly, the process is meant to discover if the company which developed the dollar-pegged stablecoin USDT tricked banks making transactions and...

Tron Tether

Tether Reveals Its Reserves. Tron Issues $30.9 B in USDT

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On May 13, Tether Holdings, the creator of the stablecoin Tether (USDT) presented the crackup of its reserves done on March 31. As stated in the report, the stablecoin's reserves are mainly composed of 75.85% cash and equals, then come secured loans, bond certificates, valuable metals, and other...

Tether assurance report

Tether Shared an Assurance Report

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Tether stablecoin 1:1 backed to USD, issued a certitude report carried out by accounting operations provider Moore Cayman. The paper states that USDT units are 100% sustained. Earlier, Paxos stablecoin released a similar report. Moore Cayman's estimations show that Tether’s holdings as of Feb....

Tether

The cap of Tether has broken another record, exceeding $36B

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Stablecoin Tether (USDT), despite its many problems, still leads the ranking of fiat-backed tokens. The day before, the capitalization of this digital asset exceeded $ 36 billion. The growth in USDT supply suggests that the Tether issuer is preparing for the next phase of capital entry into the...

Tether

Tether releases USDT 9.3 billion on Tron blockchain

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The capitalization of the stablecoin Tether (USDT) has started to grow rapidly since January last year. Many analysts are positive about this trend and believe that the inclusion of the printing press leads to an increase in the value of bitcoin. Now the capitalization of USDT is just over $ 24.751...

Bitfinex Applied for Putting off the Trial Date for a Month

Bitfinex Applied for Putting off the Trial Date for a Month

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Tether's founder and the cryptocurrency trading platform Bitfinex's owner iFinex Inc turned to the New York Supreme Court. The request is to reappoint the expected trial day one month later. Within the period, the company will present all the necessary papers to the legal authority. Initially, the...

Tether issued 2B USDT in a week

Tether Sets the Highest Mark of 2 B USDT in One Week

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Tether issued 2 B dollar-pegged tokens last week, which is a record amount. More than 24.6 B tethers now are distributed over Ethereum, Tron, and Bitcoin blockchain Omni Layer. $14,34 B is running on Ethereum, $9 B on Thron. One year ago the sum was only 4.8 billion. Chief Technology Officer at...

Tether

Tether capitalization approached $ 17 billion

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The capitalization of the stablecoin Tether (USDT) at the end of this week came close to $ 17 billion. The explosive growth in the market supply of digital currency began this year. Since January, USDT capitalization has more than quadrupled. Many analysts believe that if the Tether team turns on...

Tether

Tether turns on printing press amid bitcoin rally

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Bitcoin soared in price this week to its highest level since June 2019. On some trading platforms, the cryptocurrency exceeded $13,000. The Tether team seized the moment and released another batch of stablecoins (USDT). The issue of tokens took place in two stages on October 20 and 21, as evidenced...

Tether

Tether stablecoin transaction volume reaches $600 billion

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Investments in the stablecoin Tether (USDT) continue to grow: the capitalization of this digital currency already exceeds $ 15 billion. Analysts from Bloomberg recently published a report predicting that USDT could knock out Ether (ETH) from the second-largest cryptocurrency in 2021. According to...

Tether

Tether's market cap is close to $ 15.5 billion

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The market capitalization of the stablecoin Tether (USDT) continues to rise, surpassing $ 15.4 billion this week. The supply of digital currency is growing even amid skepticism from many analysts who doubt Tether has reserves to meet its obligations to investors. Recently, the Weiss rating agency...

Bitfinex

Bitfinex launches perpetual swaps on European indices

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Crypto exchange Bitfinex announced the launch of derivatives for stock indices, which are calculated in the stablecoin Tether. New derivatives - perpetual swaps on Europe 50 and Germany 30 - offer access to traditional equity markets. Europe 50 is the STOXX Europe 50 index, which covers 50 stocks...

Tether

Weiss urges investors to stop using Tether

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Analysts from the Weiss rating agency urged investors not to use the stablecoin Tether (USDT). They posted a tweet on Twitter and noted that the acquisition of this tool carries enormous risks. #Bitfinex's vaults are not publicly auditable and there have been many allegations that #USDT is not...

Tether

Tether technical director explained rise in USDT market cap

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Tether (USDT) capitalization is now about $ 9.2 billion. According to experts, soon, this figure will reach $ 10 billion, which is a very good signal for the cryptocurrency industry. Paolo Ardoino, technical director of Tether, a development company, said that the increase in the capitalization of...

Tether

Tether's market cap approaches $10 billion

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The capitalization of the most comprehensive stablecoin Tether (USDT) is gradually approaching $ 10 billion. Now, this figure is just over $ 9.2 billion. Paolo Arduino, CTO of the development company, recently said that his team has minted $ 5 billion worth of coins over the past six months. At the...

Tether

Tether launches USDT on OMG Network

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Stablecoin Tether (USDT) is now available on OMG Network, the Plasma-based Ethereum sidechain, whose public beta was launched on June 1 by the OMG team (previously OmiseGo). According to ETH Gas Station, over the past 30 days, Tether is the largest "consumer" of gas on the Ethereum...

Tether USDT capitalization

Tether capitalization exceed $7 Billion

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This month, the capitalization of Tether (USDT) has grown by 45%. The asset now ranks fourth in ratings like CoinMarketCap or CoinGecko, "breathing in the back" to the Ripple XRP token. The screenshot below shows that on April 1, the USDT capitalization was at $4.92 billion. Now, this...