Tether Says Its Stablecoin Is 'Fully Backed' Again
Tether says its USDT stablecoin is "fully backed by reserves," after reporting in April its token was only 74% backed.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/YAL4FFDFI5EM5EBFHVJ56LI7T4.jpg)
Sponsored
Nov 8, 2019 at 10:00 a.m. UTC
Nov 8, 2019
usdt
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/PASPGLOW7VCXZLO7EDOJZVYHPM.jpg)
Why Tether Volume Is at All-Time Highs
The dollar-pegged stablecoin tether (USDT) has become a virtual bridge between Chinese traders and global markets.
Sponsored
Aug 30, 2019 at 1:00 a.m. UTC
Aug 30, 2019
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/5AYIUQSHQBBY7LQRQ4SIDQU4HQ.jpg)
Millions in Crypto Is Crossing the Russia-China Border Daily. There, Tether Is King
Tether has a real-world use case: Chinese importers of cheap goods in Russia use it to send millions home daily.
Sponsored
Jul 30, 2019 at 4:00 a.m. UTC
Jul 30, 2019
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/BQOUQ3PVCVGBZNLUKBX63Y73RI.jpg)
Tether Lawyer Admits Stablecoin Now 74% Backed by Cash and Equivalents
Tether's general counsel told the New York Supreme Court that it can only back about 74% of USDT in circulation as of Tuesday.
Sponsored
Apr 30, 2019 at 3:47 p.m. UTC
Apr 30, 2019
Tether Says Its USDT Stablecoin May Not Be Backed By Fiat Alone
Tether has updated the terms on its website, saying that its dollar-pegged USDT stablecoin may not be backed 100 percent by fiat reserves.
Sponsored
Mar 14, 2019 at 1:20 p.m. UTC
Mar 14, 2019
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/V2FAGDV2NVGCZEGFNMNMDOHH5A.jpg)
Tether to Launch New Version of USDT Stablecoin on Tron Blockchain
Tether is gearing up to launch its controversial stablecoin as a native token on the Tron blockchain.
Sponsored
Mar 4, 2019 at 5:01 p.m. UTC
Mar 4, 2019
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/JQ73FNTOKNCMTBP4Q4UKVZXDTA.jpg)
Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report
Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.
Sponsored
Dec 18, 2018 at 3:15 p.m. UTC
Dec 18, 2018
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/CJX7WPZ4CZFKRLBGIN5JABO4MQ.jpg)
Stablecoin Purchases Surged Amid Wednesday's Crypto Market Drop
The broader cryptocurrency market plummeted on Wednesday, but stablecoins in particular saw no shortage of buyers.
Sponsored
Nov 17, 2018 at 11:00 a.m. UTC
Nov 17, 2018
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/SOCTPPLYQJG4HH5SZY4XGMYJQU.jpg)
PwC Is Advising (Not Auditing) Another Stablecoin Project
PwC's Hong Kong division is exploring best practices for issuing stablecoins with non-profit Loopring Foundation. Auditing, though, is another matter.
Sponsored
Nov 6, 2018 at 5:15 a.m. UTC
Nov 6, 2018
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/MOEVAYEV3RFS5IECZXRNDLOIXU.jpg)
Deltec Chairman Says Tether Letter on Bank Relationship Is 'Authentic'
Last week's much-scrutinized letter, in which a Bahamas-based bank appeared to vouch for Tether's balance, has been confirmed as genuine by the bank.
Sponsored
Nov 5, 2018 at 5:00 p.m. UTC
Nov 5, 2018