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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

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Tether’s general counsel said a full audit is coming in months.

Tether promises an audit in ‘months’ as Paxos claims USDT is not a real stablecoin

2021-07-22T04:15:05+01:00

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Grant Horton has conducted an audit on USDC’s reserves, and Jim Cramer has questioned what’s going on with Tether’s commercial paper reserves.

Auditors reveal USDC backing as Jim Cramer sounds alarm over Tether’s mad money

2021-07-21T03:21:33+01:00

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Despite the tumble in stablecoin activity, average transactions of stablecoins DAI and UST still exceed those of USDT and USDC.

Cointelegraph Consulting: Stablecoin activity drops after May peak

Cointelegraph Consulting

2021-07-16T13:24:00+01:00

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Powell stated that stablecoins need stricter regulations if they are to be part of the payment universe.

Fed Chair says stablecoins need stricter regulation, speaks on CBDC

2021-07-14T22:54:34+01:00

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The vast majority of businesses in Africa don’t accept crypto as a payment method — and that’s something that this startup wants to change.

Meet the crypto payment gateway startup that strives to become the Stripe of Africa

2021-07-06T12:22:00+01:00

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Fitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry.

Stablecoin growth could affect credit markets, rating agency warns

2021-07-05T09:11:46+01:00

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Are stablecoins actually stable? Tether’s basket of reserve assets raises eyebrows as a new round of debate regarding backing begins.

Stablecoins under scrutiny: USDT stands by ‘commercial paper’ tether

2021-07-02T18:31:54+01:00

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Years of regulatory uncertainty around Tether could be offset by newfound investor confidence if an emerging insurance protocol for USDT gains traction.

Stablecoin insurance firm Bridge Mutual to protect against possible Tether depegging

2021-07-01T17:25:32+01:00

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