tether, stablecoin
Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents
Obtained by CoinDesk under a Freedom of Information Law request, the documents offer a rare but limited window into the reserves behind USDT, the crypto market’s largest stablecoin.
tether, stablecoin

USDT Selling on Curve, Uniswap Spooks Traders Amid Bitcoin Drop
USDT Selling on Curve, Uniswap Spooks Traders Amid Bitcoin Drop
Millions worth of tether USDT stablecoins appeared to be selling off on popular Uniswap and Curve pools Thursday morning sparking early signs of concern among traders USDT which usually trades around 1 lost its peg to the U S currency and dropped as low as 0 9968 Coin Desk's Jennifer Sanasie presents The Chart of [...]
USDT Selling on Curve, Uniswap Spooks Traders Amid Bitcoin Drop

El Salvador's Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine
El Salvador's Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine
Volcano Energy announced $1 billion in commitments to build a 241 megawatt (MW) bitcoin mine in the Metapán region of El Salvador, according to a Monday press release on Twitter. "The Hash" panel discusses stablecoin issuer Tether's investment in the project and the state of bitcoin mining around the world.
El Salvador's Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine

(Alfred Gescheidt/Getty Images)
New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing
Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH).
(Alfred Gescheidt/Getty Images)

Tether.(Nikhilesh De/CoinDesk)
El mercado de stablecoins se hundió, pero tether logró alcanzar una capitalización de mercado máxima de US$83.200M
USDT recuperó todas las pérdidas registradas desde el colapso de hace más de un año del proyecto de blockchain Terra.
Tether.(Nikhilesh De/CoinDesk)

(DrawKit Illustrations/Unsplash)
Tether Market Cap Climbs to All-Time High of $83.2B, Even as Stablecoin Market Sinks
USDT has reached a $83.2 billion market capitalization, recovering all the losses since the implosion of blockchain project Terra more than a year ago.
(DrawKit Illustrations/Unsplash)

(Nikhilesh De/CoinDesk)
USDT Issuer Tether Ventures Into Payment Processing With Georgia Investment
The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay.
(Nikhilesh De/CoinDesk)

Bitcoin Mining Difficulty Poised To Set New All-Time High This Week
Bitcoin Mining Difficulty Poised To Set New All-Time High This Week
The bitcoin mining difficulty a measure of how easily miners can discover a block of bitcoin is set to surpass the 50 T mark on Wednesday setting a new all time high Meantime stablecoin issuer Tether has invested in an energy production and sustainable bitcoin mining facility in Uruguay The Hash panel discusses their outlook [...]
Bitcoin Mining Difficulty Poised To Set New All-Time High This Week

(Rachel Sun/CoinDesk)
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
The company earlier this month announced plans to invest part of its profits in BTC purchases and infrastructure.
(Rachel Sun/CoinDesk)

Tether's USDT Trading Volume Falls to Lowest Level in Four Years: Kaiko
Tether's USDT Trading Volume Falls to Lowest Level in Four Years: Kaiko
Crypto market research firm Kaiko is out with a new report, noting that trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion. CoinDesk's Jenn Sanasie presents "The Chart of the Day."
Tether's USDT Trading Volume Falls to Lowest Level in Four Years: Kaiko