Category: Tether
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First Mover: Risks Nobody’s Ever Seen, From the Fed to Tether (and GameStop)
Risks surrounding the stablecoin tether (USDT) have been known for years, but they’re commanding fresh attention as the amount outstanding swells to $25B.
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Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi
The result of developments in both crypto technology and regulation, Circle’s new USDC API provides a bridge between crypto and traditional finance.
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What Tether Means When It Says It’s ‘Regulated’
Representatives say the $25B stablecoin is “regulated” but the issuer doesn’t look like a financial institution bound by norms and laws.
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Questions About Tether Just Won’t Go Away. Does the Crypto Market Care?
Is the price of bitcoin and other cryptocurrencies inflated because the backing of tether may not be as strong as people think it is?
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USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021
During the last two months, tether transactions have spiked considerably. More recently, however, USDT transactions on the Tron network have outpaced the number of tether transfers on the Ethereum blockchain. Despite a whole lot more ERC20-based tethers in the wild, the minted stablecoin using the TRC20 standard has seen a much larger transaction count all…
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Tether’s Bank Deltec Says Stablecoin Is Fully Backed by Reserves
“Every tether is backed by a reserve and their reserve is more than what is in circulation,” Gregory Pepin, Deltec Bank’s deputy CEO, said on a podcast Friday.
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Robbers Take $450K From a Tether Trader During an In-Person Transaction in Hong Kong — Second Incident in 2021
Hong Kong police are investigating the second incident in the year involving an offline cryptocurrency transaction. A female trader is reportedly the latest victim of robbers who stole her HKD 3.5 million ($451,000) worth in tether (USDT) tokens. One of the Robbers Gained Female’s Trust by Performing Three Successful Transactions According to the South China…
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Tether Use on Tron Passes Ethereum as Low Fees Attract Small Transactions
Tron USDT volume eclipses Ethereum for the third consecutive week.
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Tether and Bitfinex seek further 30 days to produce critical trial documents
iFinex Inc needs another 30 days to produce trial documents for the New York Attorney General.
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Bitfinex Says It’s Nearly Done Turning Over Documents to NYAG
The document production process has already stretched over a year.