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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

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

Bitcoin's $100K price target returns as BTC price breaks out of bull pennant

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

We know that stablecoins are backed by something. It’s time to learn how they are backed.

Important Aspects of Stablecoins: The Difference Between Pegging, Collateralization, and Redeemability

2018-10-19T08:24:00+01:00

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Stablecoin Tether has dipped below its 1:1 ratio with the US Dollar after a year of uncertainty regarding its fiat currency reserves.

Untethered: The History of Stablecoin Tether and How It Has Lost Its $1 Peg

Gareth Jenkinson

2018-10-17T16:11:00+01:00

12889

Major crypto exchange Huobi announces the listing of four fiat-backed stablecoins just one day after a similar announcement by OKEx.

Fifth Largest Crypto Exchange Huobi Lists Four USD-Backed Stablecoins, Following OKEx

2018-10-16T17:15:00+01:00

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Blockchain Trust company Paxos has issued around $50 million worth of its recently launched U.S. dollar-backed stablecoin in the past few weeks.

Paxos Says It Has Issued $50 Mln of Recently-Launched Dollar-Backed Stablecoin

2018-10-16T11:27:00+01:00

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GMO says its new coin will be focused on remittances, praising the success of the stablecoin market.

Japan’s GMO Internet to Launch Yen-Pegged Stablecoin in 2019

2018-10-09T09:34:00+01:00

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Major crypto exchange Bitfinex has responded to a recent swathe of online rumors, disproving claims the firm is “insolvent” or facing banking issues.

Crypto Exchange Bitfinex Denies Rumors of 'Insolvency' and 'Banking Issues'

2018-10-08T11:41:00+01:00

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Sources have told Bloomberg that Puerto Rico’s Noble Bank has lost Tether and Bitfinex as clients and is looking for buyers.

Bloomberg: Puerto Rico’s Noble Bank Reportedly Loses Clients Tether, Bitfinex, Seeks Buyer

2018-10-02T19:54:00+01:00

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Circle is introducing a stablecoin dubbed the “USD Coin,” with a consortium called Centre serving as the platform.

Breaking: Circle Internet Financial Launches Stablecoin ‘USD Coin’

Molly Jane Zuckerman

2018-09-26T14:40:00+01:00

14667