Browsing the "Tether" Tag

Tether Says Its USDT Stablecoin May Not Be Backed By Fiat Alone

| Yogita Khatri

Tether has updated the terms on its website, saying that its dollar-pegged USDT stablecoin may not be backed 100 percent by fiat reserves.

Tether to Launch New Version of USDT Stablecoin on Tron Blockchain

| Nikhilesh De

Tether is gearing up to launch its controversial stablecoin as a native token on the Tron blockchain.

Ex-Tether Exec Joins Venture Launching Stablecoin Clearinghouse

| Daniel Palmer

A former Bitfinex and Tether exec and crypto finance firm XBTO are launching a Bermuda-based clearinghouse for stablecoins.

Game of Coins: Inside the Paxos-Gemini Stablecoin Discount War

| Leigh Cuen

Here's why several stablecoins saw sudden bursts of activity over the past three months.

Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report

| Daniel Palmer

Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.

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.