Tether

Patakaran

CoinDesk filed a public records request for documents detailing Tether’s reserves. Here’s what we got.

Ni Nikhilesh DeHun 21, 2023

Opinyon

Crypto’s most controversial financial instrument enjoys some notable insulation from skeptical bets.

Ni David Z. MorrisHun 21, 2023

Analysts from Berenberg say that the U.S. Securities and Exchange Commission (SEC) could bring DeFi protocols and stablecoins, including tether and USD Coin, into regulatory compliance as the agency continues its crackdown on the crypto industry. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De weighs in on the report.

Hun 21, 2023

Pananalapi

Tether is looking to improve the stablecoin's liquidity across multiple blockchains.

Ni Oliver KnightHun 21, 2023

CoinDesk recently obtained documents under a Freedom of Information Law request, which offer a rare but limited look into Tether’s banking relationships. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down what the documents reveal about the stablecoin issuer's banking relationships and past reliance on commercial paper.

Hun 20, 2023

Stablecoin issuer Tether kept its funds in four banks, two investment management firms, two gold depositories, and a gold broker and on its own sister company Bitfinex in March 2021, according to documents obtained by CoinDesk. It also had funds in commercial paper issued by various entities. CoinDesk obtained the documents after a nearly two-year legal battle after Tether filed to block the NYAG from releasing them. In a statement, Tether said it “found it suspicious” that USDT depegged after millions of dollars’ worth were sold on decentralized finance pools “on the same day” that the New York government shared the documents with CoinDesk. "The Hash" panel weighs in on the documents.

Hun 16, 2023

Patakaran

Obtained by CoinDesk under a Freedom of Information Law request, the documents offer a rare but limited window into the reserves behind USDT, the crypto market’s largest stablecoin.

Ni Nikhilesh DeHun 16, 2023

Millions worth of tether (USDT) stablecoins appeared to be selling off on popular Uniswap and Curve pools Thursday morning, sparking early signs of concern among traders. USDT, which usually trades around $1, lost its peg to the U.S. currency and dropped as low as $0.9968. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Hun 15, 2023

Volcano Energy announced $1 billion in commitments to build a 241 megawatt (MW) bitcoin mine in the Metapán region of El Salvador, according to a Monday press release on Twitter. "The Hash" panel discusses stablecoin issuer Tether's investment in the project and the state of bitcoin mining around the world.

Hun 5, 2023

Tech

Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH).

Ni Sage D. YoungHun 5, 2023