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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.

The role of cryptocurrencies in the war between Russia and Ukraine

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*By Axel Becker. The war between Russia and Ukraine is causing strong economic, political and social consequences. And in the midst of this confrontation, cryptocurrencies took center stage and showed the potential they have compared to traditional money systems. In the weeks leading up to the Russian invasion, crypto was already on the agenda in both countries. At the beginning of February, the Russian authorities took a 180°...

$USDT, Altcoins, Bitcoin, Cryptocurrencies, Ethereum, Polkadot

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BitMEX Introduces Most Rewarding Crypto ‘Earn’ Product Yet

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BitMEX EARN offers up to 100% APR on Tether for early adopters December 01, 2021 12:05 AM Eastern Standard Time MAHE, Seychelles–(BUSINESS WIRE)–Global cryptocurrency trading platform BitMEX announced the launch of BitMEX EARN. This interest-bearing product offers the highest annual percentage rate (APR) of all public Earn products. This table comparison is accurate as of 30 November 2021 at 12 PM HKT/4AM UTC and...

$USDT, Cryptocurrencies, Exchanges, Press release

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What is the difference between the main Stablecoins?

What is the difference between the main Stablecoins?

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By Julián García. To begin with, it is important to understand what stablecoins are. A stablecoin, such as USDT, USDC or DAI, is a stable cryptocurrency that is equivalent to one US dollar. For this reason they serve to quote the price of the rest of the cryptocurrencies and carry out transactions in the digital world without the need to resort to fiat money. As you might imagine, not all stablecoins are the same, in fact, they all have...

$USDT, Cryptocurrencies, Stablecoins

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Tether could introduce new risks into securities markets

Tether could introduce new risks into securities markets

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Stablecoins like Tether (USDT), which is already a major participant in the $1.1 trillion commercial paper market, may bring new risks into short-term securities markets, according to Fitch Ratings, a worldwide ratings firm.  The rating agency had already issued a warning in July that stablecoins had the potential to destabilize credit markets in the short term. Tether has recently agreed to pay $41 million in a settlement with the US Commodity...

$USDT, Cryptocurrencies, Featured, Stablecoins

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KuCoin Launches Crypto Black Friday to Give Away 1,000,000 USDT Worth of Prizes

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September 28, 2021 08:00 PM Eastern Daylight Time VICTORIA, Seychelles–(BUSINESS WIRE)–KuCoin, a global leading crypto exchange, is thrilled to announce the launch of KuCoin Crypto Friday, which is the Black Friday for cryptocurrency holders. The event is scheduled from September 29 to October 10, and it is going to give away a total prize pool of 1,000,000 USDT. “KuCoin Crypto Friday is an exclusive event designed by...

$USDT, Blockchain, Cryptocurrencies, Exchanges, Press release

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