Tether has launched its Chinese yuan-backed stablecoin, which it revealed will run on the ethereum blockchain as an ERC-20 token.
The dollar-pegged stablecoin tether (USDT) has become a virtual bridge between Chinese traders and global markets.
Tether is planning to issue a new stablecoin backed by Chiense yuan held in a bank in Belgium, says Bitfinex shareholder Zhao Dong.
Tether has a real-world use case: Chinese importers of cheap goods in Russia use it to send millions home daily.
A new version of the widely used but controversial stablecoin tether is launching on Blockstream's Liquid Network.
A New York judge has delayed making a decision on whether Bitfinex and Tether need to turn over documents to the state Attorney General.
The popular and sometimes controversial stablecoin tether (USDT) is to to be added to the algorand blockchain.
Stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again.
Metropolitan Commercial Bank maintained accounts for Tether and affiliated companies for less than half a year before shutting them down.
The New York Attorney General's Office (NYAG) has submitted a series of new evidence to prove the crypto exchange Bitfinex and Tether had served New…