USDT


Markets

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.

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Markets

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.

Justin Sun speaks at niTRON Summit 2019 in San Francisco, photo by Brady Dale for CoinDesk

Markets

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.

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Markets

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.

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Markets

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.

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Markets

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.

Beach (Shutterstock)

Markets

Here's What 3 Lawyers Have to Say About That Cryptic Tether Letter

The wisp of a signature on Deltec Bank's letter to Tether is the least of it. More important is the language around liability.

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Markets

Crypto Wallet Maker Ledger to Expand Support for Stablecoins, Including Tether

Benjamin Soong, Ledger's newly hired head of Asia-Pacific operations, says tether remains popular in the region despite the token's recent troubles.

ledger

Markets

Stablecoins All Want to Be $1, But They're Not Worth the Same

Buying bitcoin may be cheaper using a stablecoin the market has greater confidence in, like the Gemini dollar, than with an alternative like USDT.

jenga

Markets

Winklevoss-Backed Stablecoin Soars Above $1 as Tether's Market Cap Plunges

The Gemini dollar has broken its peg, climbing to an all-time high of $1.19 on Tuesday.

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