Browsing the "Tether" Tag

Tether Says Customers Can Once Again Deposit and Redeem Fiat

| David Floyd

Tether is again offering fiat redemption of its stablecoin USDT. Meanwhile, Bitfinex is now offering tether trading pairs with USD and EUR.

Report: US Officials Are Probing Tether Role in Bitcoin Market Manipulation

| Nikhilesh De

The U.S. DOJ is reportedly probing Tether and Bitfinex over whether they artificially boosted bitcoin's price using the USDT stablecoin.

Stablecoin Purchases Surged Amid Wednesday’s Crypto Market Drop

| Sam Ouimet

The broader cryptocurrency market plummeted on Wednesday, but stablecoins in particular saw no shortage of buyers.

Bitfinex’s Parent Company Has a New Offshore Services Provider

| David Floyd

iFinex, the parent company of Bitfinex, has parted ways with its old offshore services provider for a new firm.

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PwC Is Advising (Not Auditing) Another Stablecoin Project

| Ian Allison

PwC's Hong Kong division is exploring best practices for issuing stablecoins with non-profit Loopring Foundation. Auditing, though, is another matter.

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Deltec Chairman Says Tether Letter on Bank Relationship Is ‘Authentic’

| David Floyd

Last week's much-scrutinized letter, in which a Bahamas-based bank appeared to vouch for Tether's balance, has been confirmed as genuine by the bank.

Here’s What 3 Lawyers Have to Say About That Cryptic Tether Letter

| Nikhilesh De and David Floyd

The wisp of a signature on Deltec Bank's letter to Tether is the least of it. More important is the language around liability.

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Tether’s Price Has Stabilized, But the Stablecoin’s Supply Is Still Shrinking

| David Floyd

Crypto exchanges are shedding tethers by the million, and millions of USDT are ending up at Bitfinex. From there, they are taken out of circulation.

Crypto Wallet Maker Ledger to Expand Support for Stablecoins, Including Tether

| Leigh Cuen

Benjamin Soong, Ledger's newly hired head of Asia-Pacific operations, says tether remains popular in the region despite the token's recent troubles.

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The Race to Replace Tether (In 3 Charts)

| David Floyd

Tether has had a difficult month, and rivals are eyeing its position as the top crypto "stablecoin." Here's how the contest plays out in the data.