Tether


Finance

Tether to Issue Sterling-Pegged Stablecoin, GBPT

The token will be pegged 1:1 to the British pound and will launch in July.

Bank of England (PeterRoe/Pixabay)

Videos

Tether Sees New Wave of Redemptions as Fear of Market Contagion Spreads

Investors pulled out about roughly $1.6 billion this week from Tether’s dollar-pegged USDT stablecoin, according to price tracker CoinGecko. “The Hash” group discusses the outlook for the stablecoin market after the Terra’s UST meltdown.

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Videos

Tether Denies Asian Commercial Paper Backing Claims, Exposure to Three Arrows Capital

Tether, the firm behind the crypto market’s largest stablecoin USDT, is denying claims that its commercial paper portfolio is 85% backed by Chinese or Asian commercial paper. “The Hash” discusses the latest developments, along with a vague tweet from the founder of Three Arrows Capital.

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Markets

Tether Sees New Wave of Redemptions as Fear of Market Contagion Spreads

Investors pulled out some $1.6 billion this week from USDT, the largest stablecoin by market capitalization, amid growing nervousness as cryptocurrency prices keep sliding.

Tether (USDT) saw $1.6 billion in redemptions in two days. (CoinMarketCap)

Finance

Tether Denies Claims of Asian Commercial Paper Backing, Exposure to Three Arrows Capital

Tether described certain rumors spreading to this effect as "completely false and likely spread to induce further panic."

(Shutterstock)

Learn

What Is Tether? How USDT Works and What Backs Its Value

Tether’s USDT is the most popular stablecoin and is widely used by traders. It is not without controversy. Here’s what you need to know.

Hedge funds are increasingly betting against Tether. (Andreas Wagner/Unsplash)

Markets

First Mover Asia: Tether Is Quiet About Its Bankers. Will It Affect Its Peg?

Tether has relationships with a number of banks but won't say much more; bitcoin rises slightly.

Tether's failure to pinpoint its banking relationships seems to already be affecting its dollar peg. (Getty Images)

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Videos

Tether Expands With USDT Launch on Polygon

Tether has launched its USDT token on Polygon, an Ethereum scaling platform. The largest stablecoin by market capitalization is now available on more than 11 blockchains. “The Hash” team discusses the latest milestone in Tether’s multi-chain push.

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Finance

Tether Expands With Introduction of Dollar-Pegged Stablecoin on Polygon

Tether is now available on over 11 blockchain networks.

US Dollars