USDT

Tether to Reduce Secured Loans to Zero in 2023

Tether is addressing false information surrounding secured loans and revealing plans to reduce secured loans to zero by 2023, according ...

Coinbase Urges Users to Convert Their USDT to USDC

In a recent development, Coinbase has asked its users to switch their USDT to USDC. The conversion fees are entirely ...

USDT Tether loses parity with the dollar for a moment. It may end up like LUNA's UST?

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 ...

New Market Crash - What Can Happen to the Main Stablecoins?

New Market Crash – What Can Happen to the Main Stablecoins?

Circle and Tether, the two firms behind renowned stablecoins USDC and USDT, have distanced themselves from FTX amid the exchange’s ...

Tether Fights Back After WSJ Article "is a Series of Unsubstantiated Conclusions"

Tether Fights Back After WSJ Article “is a Series of Unsubstantiated Conclusions”

The Wall Street Journal accused Tether of not adequately backing its stablecoin, USDT. In response, Tether has termed the report ...

Tether Hires World's Fifth Largest Accounting Firm to Make Monthly Reports

Tether Hires World’s Fifth Largest Accounting Firm to Make Monthly Reports

Tether Holdings Limited, world’s largest stable coin issuer, has appointed BDO Italia, the Italian branch of the world’s 5th largest ...

USDT, USDC Confirm Support for ETH Proof-of-Stake Transition

USDT, USDC Confirm Support for ETH Proof-of-Stake Transition

Leading stablecoins, Tether (USDT) and USD Coin (USDC) have announced their support for the highly anticipated Ethereum’s changeover to Proof-of-Stake ...

The Circulating Supply of Tether USDT Increases After Three Months of Declining Trend

The Circulating Supply of Tether USDT Increases After Three Months of Declining Trend

Tether USDT is the most used stablecoin in the crypto industry. Previously, its circulating supply was suffering a downward trend. ...

USDC Issuer Circle Discloses the Details of its Reserves

USDC Issuer Circle Discloses the Details of its Reserves

It has been a tough summer for the stablecoin industry, as the collapse of Terra’s algorithmic stablecoin, UST has alarmed ...

Argentines Opt For Stablecoins Amid Economy Minister Resignation

Argentines Opt For Stablecoins Amid Economy Minister Resignation

In a shocking development, the Economy Minister of Argentina, Martin Guzman resigned from his post, causing disruption among Argentines. Several ...