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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.

Newsletter
As protests rage throughout the United States, this week’s biggest moves in crypto law were behind the scenes.
Law Decoded: Of Street Marches and Market Manipulators, May 30–June 5
Kollen Post
2020-06-05T21:53:00+01:00
7341
News
Bloomberg’s report that provides crypto outlook for June says that it expects Tether to pass Ether as the number two cryptocurrency on the strength of the dolla...
Bloomberg: Only a Matter of Time Before Tether Overtakes Ether as #2
Michael Kapilkov
2020-06-04T18:30:00+01:00
9539
News
Bitfinex and Tether have addressed the updated lawsuit which accuses them of market manipulation.
Bitfinex and Tether Reject 'Baseless' Lawsuit Filed Against Them
Stephen O'Neal
2020-06-04T16:02:00+01:00
6405
News
Bittrex and Poloniex have become embroiled in a class-action lawsuit that alleges USDT created out of thin air drove the 2017 bull run.
Bittrex and Poloniex Targeted in Class-Action Crypto Manipulation Suit
Samuel Haig
2020-06-04T07:22:00+01:00
9166
News
Bloomberg says that all signs point to Bitcoin going on the major bull run in 2020, the only question is whether it will break the all time high of $20,000.
Bloomberg: ‘Bitcoin Will Approach Record High of About $20,000 This Year’
Michael Kapilkov
2020-06-03T23:00:00+01:00
34514
Interview
Uri Kolodny, co-founder and CEO of blockchain firm StarkWare, told Cointelegraph that Ethereum’s second-layer scalability solutions still need some work.
Ethereum Second-Layer Scalability Still Needs Work, Says Starkware CEO
Adrian Zmudzinski
2020-06-02T19:21:00+01:00
8777
News
Ethereum co-founder Vitalik Buterin said that the blockchain’s initial layer-two scaling deployment is nearly complete.
Buterin Says Ethereum’s Layer-Two Scaling Development 'Basically' Succeeded
Adrian Zmudzinski
2020-06-02T13:45:00+01:00
5775
News
Tether has integrated the just-launched OMG Network Plasma sidechain, formerly known as OmiseGo, promising cheaper transactions as Ethereum’s fees skyrocket.
Tether Integrates With Plasma Sidechain to Reduce Load on Ethereum
Andrey Shevchenko
2020-06-01T11:35:00+01:00
10381

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