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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

"If those loans fail, even a small percentage of them, one Tether would become worth less than $1," said Bloomberg reporter Zeke Faux.

Tether fires back against report it is using reserves for investments and making crypto-backed loans

2021-10-07T21:18:38+01:00

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"Litigation will expose this case for what it is: a clumsy attempt at a money grab, which recklessly harms the whole cryptocurrency ecosystem," said Tether.

Tether scores win in class action case as court dismisses RICO claims

2021-09-29T20:45:00+01:00

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In what is presumed as a technical error, popular crypto exchange Bitfinex paid a seismic $23.7 million dollars in a gas fee for a comparatively nominal $100K t...

Bitfinex paid a colossal $23M fee to send $100K of USDT

2021-09-27T20:00:00+01:00

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Marty Bent, co-founder of Bitcoin mining firm Great American Mining, is glad to be hodling Bitcoin as uncertainty hangs over the legacy financial system

Evergrande crisis: Buy the dip or bail? Pundits weigh in

2021-09-22T05:53:49+01:00

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While Tether’s dominance has fallen to 56%, USDC and BUSD have surged to 23.9% and 10.4%, respectively.

Treasury plots stablecoin crackdown even as Tether’s dominance wanes

2021-09-17T03:08:58+01:00

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As onlookers predict that top Chinese property developer and commercial paper issuer Evergrande will default, some analysts believe the firm poses systemic risk...

Does Evergrande’s $300B debt crisis pose systemic risk to the crypto industry?

2021-09-16T10:26:21+01:00

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Market Analysis

Crypto traders flocked to the safety of stablecoins during Tuesday’s market crash.

Which stablecoins were actually ‘stable’ during this week’s sudden Bitcoin price crash?

2021-09-09T09:00:00+01:00

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The Massachusetts senator said that it’s “worth considering” banning U.S. banks from holding the reserves to back private stablecoins.

Sen. Elizabeth Warren calls crypto the ‘new shadow bank‘

2021-09-06T09:43:03+01:00

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