Tag: USDT

The USDT stablecoin on Polkadot is being launched by Tether

The USD Tether (USDT) stablecoin was introduced by Tether Limited on Polkadot, a network that allows for communication between several proof-of-stake blockchains. On Friday,...
Cryptocurrency

According to Tether, new court order requesting USDT reserve backing is merely a “routine discovery matter”

The creator of the stablecoin that is pegged to the US dollar, Tether (USDT), claimed on Wednesday that a recent court ruling requiring the...
Cryptocurrency

Why Isn’t Tether Blocking Tornado Cash Accounts Despite US Sanctions

According to reports, Tether is not blacklisting Tornado Cash addresses. Following US sanctions, several crypto entities have banned addresses associated with cryptocurrency mixer Tornado...
Cryptocurrency

Tether reveals asset reserve figures

Tether released details on its reserves on Friday, after announcing a partnership with public accounting firm BDO Italia. The stablecoin's backer stated that it...
Cryptocurrency

Tether’s CTO confirms hedge funds attempted to short USDT

CTO Says Funds Failed to Short Tether Tether CTO Paolo Ardoino has responded to a Wall Street Journal report from June 27 that hedge funds...
Cryptocurrency

As total supply reaches 55.9B, USDC’s “real volume” flips Tether on Ethereum

In the last 24 hours, USDC's real volume on the Ethereum network has nearly doubled that of USDT, which may be another indication that...
Cryptocurrency

Tether’s USDT market capitalization slips below $70 billion, a new low for the cryptocurrency

In the midst of the current market downturn, Tether (USDT), the largest stablecoin and third largest digital currency by market cap, continues to lose...
Cryptocurrency

In the midst of the Celsius ($CEL) crisis, Tether ($USDT) reassures investors

Tether has published a statement to assuage investor concerns, as one of its many assets, Celsius (a crypto lending platform) is experiencing difficulties due to...
Cryptocurrency

Tether reduced commercial paper holdings by 17% in the first quarter of 2022.

Tether, the issuer of the world's most widely used stablecoin, USDT, has decreased 17 percent of its commercial paper holdings and boosted US Treasury...
Cryptocurrency

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