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Tag: $USDT

USDT (or Tether) is a stablecoin on the Ethereum blockchain. Tether is an asset-backed token pegged to the US dollar. They are backed by real fiat currency and other assets held in Tether reserve. Those assets include cash, currencies, and marketable securities. They are redeemable in accordance with Tether Limited’s terms of service.

Telegram - Tether USDT

How Telegram’s Tether Integration Boosts Crypto Adoption

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In Brief: Telegram has added support for Tether (USDT), the world’s largest stablecoin, on its wallet bot. Users can now send and receive USDT directly from their chats, as well as buy, swap, and make P2P trades with the stablecoin. Telegram chose to integrate USDT on Tron because of its compatibility with its wallet bot and its low fees and fast transactions. The integration of USDT on Telegram boosts crypto adoption by bringing...

$USDT, Altcoins, Crypto adoption, Front page, Main, Stablecoins, Telegram, TON

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tether crypto

Tether Transfers Millions to Foreign Banks

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According to Forbes, Tether moved $37 billion of its reserves to an offshore bank called Capital Union in 2021 after settling with the New York Attorney General’s office over claims it had misrepresented its finances. Tether has also asked Ansbacher, another Bahamian bank, to hold some of its reserves. The company has also been using Cantor Fitzgerald, a big New York financial services company, to hold U.S. Treasury bills. But Tether has...

$USDT, Cryptocurrencies, Front page, Main, Stablecoins

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Circle's USDC goes to war with USDT

Circle goes to war with Tether

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In a recent blog post on the Coinbase website, the company said that it is going to fight Tether, a controversial stablecoin that has been linked to scandals and problems for a long time. Tether has been under scrutiny for years due to its questionable relationship with the Bitfinex exchange and its lack of transparency regarding its backing. This has led to concerns about whether Tether is actually backed by the US dollar, as it claims to...

$USDC, $USDT, Cryptocurrencies, Front page, Main, News, Stablecoins

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Earn stablecoins with staking

Great places to earn stablecoins with staking

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The days of staking stablecoins are still pretty new and uncertain. As a result, there are some challenges for earning stablecoins with staking as some (such as $USDT) may not be able to be staked on any exchange at the moment. While this may not be the best time to stake stablecoins, there are still some options available. We’ll take a look at these options and how they can help you earn stablecoins while avoiding the risk of volatility. Criteria No...

$NEAR, $USDC, $USDT, dApps, Front page, Stablecoins, Staking

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Tether swaps CP for US Treasuries

Tether swaps CP for US Treasuries

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Tether, the company behind USDT, the most valuable stablecoin on the crypto market at $69 billion, has sold all of its commercial paper. The bulk of the company’s reserve assets are now invested in U.S. Treasury Bills. T-Bills are Treasury-backed, short-term U.S. government debt obligations having maturities of one year or less. USDT Assets – Tether The popular cryptocurrency tied to the U.S. dollar said that the move is part...

$USDT, Cryptocurrencies, Front page, News, Stablecoins

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