Tether USD (USDT) News

The third largest crypto and the largest stablecoin USDT now operates on the Ethereum scaling solution, Polygon in addition to other blockchains, including Ethereum, EOS, and others. The Polygon team published a blog post that says the network's DeFi space will benefit greatly from USDT, which...

The capitalization of the largest stablecoins Tether (USDT) and USD Coin (USDC) exceeds $78.431 billion and $45.432 billion, respectively. At the same time, USDC was recently able to bypass USDT in terms of the value of tokens placed on the Ethereum network - $ 39.92 billion against $ 39.82...

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 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 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...

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...

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...

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...

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...

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...

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...

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...

The popular cryptocurrency exchange Binance has launched an over-the-counter (OTC) trading portal. “The portal is a platform that works on the principle of requesting price offers in real-time. Users will be able to confirm transactions and quickly receive payments directly to their Binance...

Simplex payment processor said that during the fall of the price of Bitcoin last week, retail investors increased their cryptocurrency purchase volume by 50%. It is reported by The Block. Bitcoin was the most popular asset among cryptocurrency buyers during March 12-14 it accounted for 59.6% of the...

One of the world's most popular websites for adult content, Pornhub, has added the Tether stablecoin (USDT) as a payment option. The Pornhub blog says USDT support comes from a partnership with TRON. Therefore, to make a payment using Tether, the service recommends using the TRONLink wallet. A new...

The Department of the Treasury in the US, which controls government income, is examining blockchain tech for tracking governmental grant refunds. Modernization program administrator at the USDT Craig Fischer told during one of the last conferences that the Treasury is near to completing a PoC...

All-time famous food chain Burger King has implemented not just Bitcoin but other cryptocurrencies to its system as well. So if you live in Venezuela and have Ether (ETH), Litecoin (LTC), Binance Coin (BNB), Dash (DASH), or Tether (USDT) then you can have access to some great food from Burger King!...

The darkest corner of the crypto market is becoming murkier. A controversial token Tether which is being a means for trading coins on the majority of the crypto exchanges all over the world now serves as a conduit for transactions on a spate of new blockchains, the distributed digital ledgers that...