USDT

DeFi

Origin Debuts OUSD, a Stablecoin That Works Like a Savings Account

Brady DaleSep 23, 2020

Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides.

Bitfinex

New York Attorney General to Bitfinex and Tether: ‘Delays Must Stop’

Nikhilesh DeSep 15, 2020

Bitfinex and Tether shouldn’t need more than two months to produce documents about USDT issuances and past operations in New York first ordered 17 months ago, an NYAG lawyer argued in a letter Monday.

OKEx

OKEx’s Trading Volumes and Tether Reserve Plunge on Possible User Exodus

Muyao ShenDec 3, 2020

A sharp drop in OKEx’s trading volume and stablecoin reserves – tether in particular – may reveal an ongoing exodus of its users after the popular crypto derivatives exchange unexpectedly halted all crypto withdrawal activities for about five weeks.

Compound

FTX Releases COMP Derivatives to Keep Up With DeFi Frenzy

Brady DaleJun 18, 2020

Crypto exchange FTX is launching COMP derivatives later Thursday as deposits on the Compound DeFi platform soar past $300 million.

Tether

Tether CTO Claims USDT Stablecoin Can Boost DeFi Liquidity

Paddy BakerApr 1, 2020

Tether CTO Paolo Ardoino believes the USDT stablecoin can boost the decentralized finance ecosystem.

USDT

Exchanges

Bybit Enables Two-Way Margin Trading With Perpetual Contracts Quoted in Tether

Sebastian Sinclair

The Singapore exchange is adding tether (USDT) perpetual contracts to simplify account management and allow two-way trades.

Tether

Tether Stablecoin Launches on Its Seventh Blockchain

Sebastian Sinclair

The world's largest stablecoin by market value is now live on the Bitcoin Cash network via the Simple Ledger Protocol.

Stablecoins

Dollar-Backed Stablecoins Are Holding Their Own Amid Coronavirus Chaos

Sebastian Sinclair

As the global equities markets continue their free fall, stablecoins seem to be weathering the storm.

Ethereum

Stablecoins ‘Flip’ Ethereum’s Native Currency in Transfer Value

Sebastian Sinclair

A greater share of value is being transferred via stablecoins over the ethereum network than its own native cryptocurrency.

Tether

Tether to File Motion to Dismiss Class Action Lawsuit Based on NYAG Claims

Nathan DiCamillo

The company claims that plaintiffs cannot prove Tether transactions caused bitcoin’s surge or that damages were incurred.

Bitfinex

Tether Says Its Stablecoin Is ‘Fully Backed’ Again

Nikhilesh De

Tether says its USDT stablecoin is "fully backed by reserves," after reporting in April its token was only 74% backed.

China

Why Tether Volume Is at All-Time Highs

Leigh Cuen

The dollar-pegged stablecoin tether (USDT) has become a virtual bridge between Chinese traders and global markets.