Browsing Tag
Tether
9 posts
Tether Faults Hedge Funds for Causing Volatility in USDT
An increasing number of hedge funds have opened USDT short positions worth hundreds of millions of dollars in…
Tether to Unveil Stablecoin Pegged to British Pound
Tether has announced a new stablecoin that is pegged to the value of the British pound as part…
Tether to Phase Out Commercial Paper Backing of USDT
Tether has announced that it will remove the commercial paper backing for its USDT stablecoin without incurring losses.…
Tether’s USDT Launches on Polygon in Expansion Targeting DeFi
Tether has launched its USDT stablecoin on the Polygon blockchain in a step expected to boost the network’s…
USD Coin Gains as Tether Records a Decline of $8.5B
Stablecoin USD Coin has seen its market value jump by $3.4 billion caused by investors withdrawing as much…
USDT Drops to $0.96 as Negative Sentiment Hits Stablecoins
Stabelcoin Tether dropped to $0.97 during the Asian hours, with the price in Coinbase reaching about $0.96 as…
Tether Freezes $715,000 Worth of USDT In Account Linked to Multichain Hack
Tether has blacklisted an Ethereum address with more than $715,000 in USDT, which is linked to the Multichain…
Tether Cries Foul on Class-Action Lawsuit Alleging Misrepresentation of USDT
Tether faces a class-action lawsuit for the second time in under four months for inaccurately misrepresented USDT backing.…
National Unity Government of Myanmar Accepts Tether for “Domestic Use”
Myanmar’s National Unity Government supporting the detained leader, Aung San Suu Kyi, has acknowledged Tether as the formal…