USDT Tether Loses Parity With the Dollar for a Moment. It May End Up Like LUNA’s UST?
The stablecoin Tether (USDT) traded below $0.993 early Thursday morning, down 0.6% from its original peg of $1 as traders weighed the possible impact of contagion
The stablecoin Tether (USDT) traded below $0.993 early Thursday morning, down 0.6% from its original peg of $1 as traders weighed the possible impact of contagion
FTX enjoyed the heights of success at its peak. It had millions of customers around the globe using the exchange for countless transactions. Things took a
Circle and Tether, the two firms behind renowned stablecoins USDC and USDT, have distanced themselves from FTX amid the exchange’s fall. The CEO of Circle, Jeremy
As per the latest tweet of the CTO of Tether, Paolo Ardoino, the stablecoin issuer has cut down its commercial paper holding. Tether’s commercial paper holding
The Wall Street Journal accused Tether of not adequately backing its stablecoin, USDT. In response, Tether has termed the report a series of unsubstantiated conclusions. Moreover,
Tether Holdings Limited, world’s largest stable coin issuer, has appointed BDO Italia, the Italian branch of the world’s 5th largest accounting firm, Binder Dijker Otte, to
Leading stablecoins, Tether (USDT) and USD Coin (USDC) have announced their support for the highly anticipated Ethereum’s changeover to Proof-of-Stake (PoS) consensus in its upcoming upgrade,
Tether USDT is the most used stablecoin in the crypto industry. Previously, its circulating supply was suffering a downward trend. However, the supply of Tether has
The disruption in the crypto market has led to several unexpected events in the crypto industry. It was recently reported that several traditional hedge funds have
Over the course of the past few days, there have been multiple rumors floating around the internet about Tether. Rumors state that about 85% of Tether’s
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