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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.

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Leading stablecoin operator Tether launched its U.S. dollar-backed stablecoin USDT on the Algorand proof-of-stake blockchain.

Tether Launches USDT Stablecoin on Algorand Blockchain

Adrian Zmudzinski

2020-02-10T12:04:00+00:00

5660

Binance’s futures platform is launching a Zcash–Tether perpetual contract with maximum leverage of up to 50x.

Zcash Is Now on Binance Futures With New Perpetual Contract

2020-02-04T10:38:00+00:00

3908

Recent data shows Tether’s USDT stablecoin moves 46 times per year, on average.

USDT Moves Every Eight Days on Average, Data Shows

2020-01-31T22:02:00+00:00

3262

After launching trading of gold-pegged stablecoin Tether Gold last week, Bitfinex cryptocurrency exchange now allows users to trade Tether Gold against Bitcoin.

Bitfinex Users Can Now Trade Tether Gold Stablecoin Against Bitcoin

2020-01-31T12:54:00+00:00

4715

Andreas Antonopoulos has filed an affidavit with a New York court in support of a firm looking to spearhead the class action against Bitfinex over 2017 BTC pric...

Antonopoulos Writes to Judge Vouching for Law Team Suing Bitfinex for BTC Manipulation

2020-01-29T20:52:00+00:00

6208

A New York judge has ordered that the four class-action lawsuits against Bitfinex for 2017 manipulation of the Bitcoin market are now one, though leadership rem...

E Pluribus Unum: Four Class-Action Suits Against Bitfinex Over 2017 BTC Price Now One

2020-01-27T21:45:00+00:00

2975

Tether is now offering a gold-backed stablecoin, XAUT, which represents ownership of one troy ounce of gold held in a Swiss vault controlled by the company.

Tether Launches Gold-Backed Stablecoin and Begins Trading on Bitfinex

Andrey Shevchenko

2020-01-24T11:42:00+00:00

6823

Adult entertainment website Pornhub has added a new crypto payment option after PayPal had abruptly stopped servicing its models in late 2019.

Pornhub Adds Tether Stablecoin as New Crypto Payment Option

2020-01-23T11:48:00+00:00

8944