usdt

tether, stablecoin
Tether Says Its Stablecoin Is 'Fully Backed' Again
Tether says its USDT stablecoin is "fully backed by reserves," after reporting in April its token was only 74% backed.
tether, stablecoin

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Why Tether Volume Is at All-Time Highs
The dollar-pegged stablecoin tether (USDT) has become a virtual bridge between Chinese traders and global markets.
shutterstock_1321251305

China_Russia
Millions in Crypto Is Crossing the Russia-China Border Daily. There, Tether Is King
Tether has a real-world use case: Chinese importers of cheap goods in Russia use it to send millions home daily.
China_Russia

tether
Tether Lawyer Admits Stablecoin Now 74% Backed by Cash and Equivalents
Tether's general counsel told the New York Supreme Court that it can only back about 74% of USDT in circulation as of Tuesday.
tether

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

justin sun
Tether to Launch New Version of USDT Stablecoin on Tron Blockchain
Tether is gearing up to launch its controversial stablecoin as a native token on the Tron blockchain.
justin sun

Dollars
Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report
Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.
Dollars

Balloons
Stablecoin Purchases Surged Amid Wednesday's Crypto Market Drop
The broader cryptocurrency market plummeted on Wednesday, but stablecoins in particular saw no shortage of buyers.
Balloons

PWC logo
PwC Is Advising (Not Auditing) Another Stablecoin Project
PwC's Hong Kong division is exploring best practices for issuing stablecoins with non-profit Loopring Foundation. Auditing, though, is another matter.
PWC logo

bahamas beach caribbean offshore
Deltec Chairman Says Tether Letter on Bank Relationship Is 'Authentic'
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.
bahamas beach caribbean offshore