USDT
Strike Phasing Out USDT From Bitcoin-Based El Salvador Remittances, CEO Says
Strike, the digital wallet startup behind El Salvador’s bitcoin-based payment system, is phasing out its use of Tether’s USDT stablecoin as a U.S. dollar substitute, CEO Jack Mallers said. “The Hash” team explores the ongoing scandal around Tether and the wider repercussions of El Salvador’s currency law.
Tether's First Reserve Breakdown Shows Token 49% Backed by Unspecified Commercial Paper
The new composition report is part of Tether’s efforts to stay in compliance with a settlement with the New York Attorney General.
The Stablecoin Tether Is Now Listed for Retail Trading on Coinbase
Coinbase has expanded its support for Tether. Previously only available on Coinbase Pro, customers will now be able to purchase USDT on the retail application. CoinDesk's Nik De discusses the addition of Tether to Coinbase. Plus, an update on the arrest of the founder of Bitcoin Fog, an illegal bitcoin mixing service.
Why Is Tether Still So Controversial?
Coinbase Pro is delaying the rollout of trading on stablecoin tether (USDT) until next month, citing application programming interface (API) issues. “The Hash” panel breaks down the ongoing controversy around tether.
Coinbase Will List Controversial USDT
Coinbase will list Tether on its professional trading platform. The decision is a controversial one: Tether has been involved in a series of legal disputes, including with the New York Attorney General's Office, over its claims to be backed by the US dollar. Nik De breaks down the situation.
During Bitcoin's Latest Price Crash, 'Tether Premium' Shows Where Money Went
The stablecoin's price in dollars surged during the recent market correction to the highest since the "Black Thursday" sell-off in March 2020.
Tether on Tron Blockchain Hits $24B, Surpassing Ethereum Amid Explosive Stablecoin Demand
The amount of tether on the Tron blockchain has exceeded that on Ethereum.
Tether’s USDT to Launch on Kusama With Polkadot to Follow
It’s slated to become the first stablecoin to launch on Polkadot.
Tether Attestation is a Step Towards Transparency
Tether published an attestation today verifying that it has $35B in assets to back USDT. The report card, produced by a third-party accounting firm, is the first from Tether since 2018. Nik De discusses the report and its significance.
Planning to Short Bitcoin? Better Check China’s ‘Tether Premium’ First
Bitcoin analysts say this week's quick market rebound might be due to Chinese retail buyers buying the dip, using the stablecoin tether.
