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Tether News

What is Tether? The Tether definition is fairly simple. Tether (USDT) is a stablecoin cryptocurrency, with each token aimed at tracking the value of 1 U.S. dollar. Assets pegged to the value of national currencies (fiat currencies) are called stablecoins. Participants can sell other cryptocurrencies for USDT to protect against volatility while maintaining the ability to send the asset to personal wallets or storage. Ethereum, as well as other blockchains, host USDT.

Trading a Bitcoin/Tether, or BTC/USDT, pair is an option on some crypto exchanges or platforms. Cointelegraph’s Tether Price Index shows various data on the asset, including its market cap, along with its price, which should remain close in value to the U.S. dollar.

Top News

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Despite stablecoins posting triple-digit market cap growth this year, competition from projects backed by major financial and tech corporations is on the horizo...

Stablecoins post triple-digit growth in 2020, but institutional rivals loom

2020-09-11T03:01:10+01:00

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‘DeFi yields and interest rates are clearly a vacuum sucking in a lot of stablecoins,’ says Coin Metrics’ Nic Carter.

Stablecoin market cap increases by $100M every single day

2020-09-04T06:21:05+01:00

8690

Market Analysis

Data shows DeFi platforms and their users are rapidly increasing their use of USDC stablecoin after Curve Finance launched.

DeFi users turn to USDC stablecoin to earn high-yield interest — Data shows

António Madeira

2020-09-01T17:19:00+01:00

21485

But XRP isn’t competing with Tether.

Tether surpasses XRP by market cap again

2020-09-01T11:56:57+01:00

12979

Stablecoin supply ratio shows much more buying power among stablecoin holders currently, with Bitcoin trailing at $11,400.

Stablecoin metric hints Bitcoin price will rise as buyers snap up BTC

2020-08-27T10:02:00+01:00

10275

Average daily transfer value for Tether exceeded that for Bitcoin in August.

Tether tops Paypal and Bitcoin for average daily transfer value

2020-08-26T04:31:00+01:00

6376

Bitcoin’s macro bullish trend remains intact even after data show Chinese investors moved $50 billion in crypto to overseas addresses in the past 12 months.

Bitcoin Macro Trend Unaffected by Chinese Investors’ $50B Tether Exodus

2020-08-22T00:55:00+01:00

9857

The East Asia crypto market has reacted fast to news of Beijing’s national digital currency and regional economic tumult.

Chainalysis Report: Tether Could Be Enabling Capital Flight From China

2020-08-21T10:59:00+01:00

10056