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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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The price of gold and Tether’s XAUT rallied to more than $1,900 today, a value not seen since September 2011.

Tether’s Gold-Backed Stablecoin in Demand as Commodity Hits ATH

2020-07-27T04:09:00+01:00

10062

New York’s State attorney general has wide latitude to investigate a foreign entity like iFinex, said a NY appeals court.

Stablecoin Issuers Be Warned: New York AG’s Arm Is Long

2020-07-25T15:00:00+01:00

14679

Tether has reached $10 billion in market capitalization as growth in 2020 picked up.

Tether Jumps to $10 Billion Market Capitalization

Andrey Shevchenko

2020-07-22T12:31:00+01:00

4187

Increasing stablecoin use and the rise of DeFi has made Ethereum the most used blockchain.

Ethereum ‘Flippens’ Bitcoin to Become the Most Used Blockchain

António Madeira

2020-07-21T20:44:00+01:00

26105

Tether rose quickly to $9.1 billion in 2020 as supply doubled since March, but some of that is old money being repurposed into USDT.

Sizable Portion of Tether’s $4.5B Growth Comes from Exchange Fiat

Andrey Shevchenko

2020-07-21T17:53:00+01:00

5647

With a market cap over $10B, Tether isn’t likely to be displaced by any central bank digital currency according to Paolo Ardoino.

Tether CTO: ‘USDT Will Continue to Exist Alongside CBDCs’

2020-07-21T02:53:00+01:00

6704

1,500% growth in the number of active addresses and a few other key indicators may explain the metric rise of Chainlink’s LINK token in 2020.

3 Key On-Chain Metrics May Explain Chainlink's Meteoric Rise

Michael Kapilkov

2020-07-15T20:30:00+01:00

10454

Five years following the launch of ETH in 2015, and the future of the blockchain may lay in DeFi and USDT, according to industry experts.

Focus on USDT and DeFi as 5-Year Anniversary of Ethereum Approaches

2020-07-14T06:46:00+01:00

8142