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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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What Bitcoin correction? BTC price holds $55K despite several bearish indicators

Tether CTO cites the popularity of its ERC20 tokens as the reason why the company never burns them, but stores them in their ‘inventory’.

Tether Explains Why It Hasn’t Burned Any USDT

Michael Kapilkov

2020-05-28T20:45:00+01:00

5717

Celsius users can now purchase Tether Gold via credit and debit cards with a minimum purchase amount of $50.

Celsius Users Can Now Buy Tether Gold via Debit and Credit Cards

2020-05-28T14:58:00+01:00

5165

Tether usage is picking up pace in DeFi as Aave reports over 10% of its assets locked are in USDT, after a slow start that saw its competitor USDC gain adoption...

After a Slow Start, Tether Sees Increasing Usage in DeFi

Andrey Shevchenko

2020-05-28T14:02:00+01:00

3189

A report indicates that no Ethereum-based Tethers have ever been burned, though new ones are constantly being printed.

Bitfinex Is Constantly Printing More Tether, None Of It Has Ever Been Burned

Michael Kapilkov

2020-05-27T22:00:00+01:00

7670

With the Federal Reserve now allowing US banks to issue loans with zero reserve, is Tether better off backed by Bitfinex shares than dollars backed by nothing?

Do Zero-Reserve Loans Make Tether Better Off Backed by Bitfinex Stock?

2020-05-27T20:20:00+01:00

2661

The race for third place is still far from over.

Tether Unseats XRP As Third-Largest Crypto, Dwarfing Its Volume 25:1

Michael Kapilkov

2020-05-25T18:12:00+01:00

11899

The Turkish stablecoin BiLira has received a spot listing on BTSE, offering a new on-ramp for Turkish investors to access crypto markets.

Turkish Stablecoin Receives Spot Listing on BTSE Exchange

2020-05-25T11:42:00+01:00

8397

Miners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty.

Bitcoin Miners Will Use Derivatives Like Traditional Commodity Producers

2020-05-23T21:49:00+01:00

14554