Stay informed with Blockchain Today. Enable desktop notifications.

Tether (USDT) News



Tether

Tether capitalization approached $ 17 billion

by

The capitalization of the stablecoin Tether (USDT) at the end of this week came close to $ 17 billion. The explosive growth in the market supply of digital currency began this year. Since January, USDT capitalization has more than quadrupled. Many analysts believe that if the Tether team turns on...

Tether

Tether turns on printing press amid bitcoin rally

by

Bitcoin soared in price this week to its highest level since June 2019. On some trading platforms, the cryptocurrency exceeded $13,000. The Tether team seized the moment and released another batch of stablecoins (USDT). The issue of tokens took place in two stages on October 20 and 21, as evidenced...

Tether

Tether stablecoin transaction volume reaches $600 billion

by

Investments in the stablecoin Tether (USDT) continue to grow: the capitalization of this digital currency already exceeds $ 15 billion. Analysts from Bloomberg recently published a report predicting that USDT could knock out Ether (ETH) from the second-largest cryptocurrency in 2021. According to...

Tether

Tether's market cap is close to $ 15.5 billion

by

The market capitalization of the stablecoin Tether (USDT) continues to rise, surpassing $ 15.4 billion this week. The supply of digital currency is growing even amid skepticism from many analysts who doubt Tether has reserves to meet its obligations to investors. Recently, the Weiss rating agency...

Bitfinex

Bitfinex launches perpetual swaps on European indices

by

Crypto exchange Bitfinex announced the launch of derivatives for stock indices, which are calculated in the stablecoin Tether. New derivatives - perpetual swaps on Europe 50 and Germany 30 - offer access to traditional equity markets. Europe 50 is the STOXX Europe 50 index, which covers 50 stocks...

Tether

Weiss urges investors to stop using Tether

by

Analysts from the Weiss rating agency urged investors not to use the stablecoin Tether (USDT). They posted a tweet on Twitter and noted that the acquisition of this tool carries enormous risks. #Bitfinex's vaults are not publicly auditable and there have been many allegations that #USDT is not...

Tether

Tether technical director explained rise in USDT market cap

by

Tether (USDT) capitalization is now about $ 9.2 billion. According to experts, soon, this figure will reach $ 10 billion, which is a very good signal for the cryptocurrency industry. Paolo Ardoino, technical director of Tether, a development company, said that the increase in the capitalization of...

Tether

Tether's market cap approaches $10 billion

by

The capitalization of the most comprehensive stablecoin Tether (USDT) is gradually approaching $ 10 billion. Now, this figure is just over $ 9.2 billion. Paolo Arduino, CTO of the development company, recently said that his team has minted $ 5 billion worth of coins over the past six months. At the...

Tether

Tether launches USDT on OMG Network

by

Stablecoin Tether (USDT) is now available on OMG Network, the Plasma-based Ethereum sidechain, whose public beta was launched on June 1 by the OMG team (previously OmiseGo). According to ETH Gas Station, over the past 30 days, Tether is the largest "consumer" of gas on the Ethereum...

Tether USDT capitalization

Tether capitalization exceed $7 Billion

by

This month, the capitalization of Tether (USDT) has grown by 45%. The asset now ranks fourth in ratings like CoinMarketCap or CoinGecko, "breathing in the back" to the Ripple XRP token. The screenshot below shows that on April 1, the USDT capitalization was at $4.92 billion. Now, this...

Binance OTC

OTC service from Binance is now available

by

The popular cryptocurrency exchange Binance has launched an over-the-counter (OTC) trading portal. “The portal is a platform that works on the principle of requesting price offers in real-time. Users will be able to confirm transactions and quickly receive payments directly to their Binance...

Investors buy Bitcoin Simplex

Simplex: retail investors buy bitcoin due to price crash

by

Simplex payment processor said that during the fall of the price of Bitcoin last week, retail investors increased their cryptocurrency purchase volume by 50%. It is reported by The Block. Bitcoin was the most popular asset among cryptocurrency buyers during March 12-14 it accounted for 59.6% of the...

Bitfinex's loan

Bitfinex repaid another $100 million of the loan to Tether

by

Bitfinex Bitcoin exchange reported that it gave another $100 million to Tether to repay a previously taken credit of $700 million. 📢Bitfinex Repays $100M of Outstanding Loan Facility to Tether. Read more at https://t.co/UkKaNESd70— Bitfinex (@bitfinex) February 28, 2020 It is a question of...

Tether's gold-backed stablecoin

Tether launches a new gold-backed stablecoin

by

Tether proclaimed the launch of a new stablecoin backed from gold, which, as the company mentioned: "grants the right to own about 31 gram of pure material gold in certain gold bullion." A stablecoin with the XAU₮ will be released on the Ethereum and TRON blockchains. Gold, which is...

Pornhub Tether Justin Sun

Pornhub started accepting Tether stablecoin

by

One of the world's most popular websites for adult content, Pornhub, has added the Tether stablecoin (USDT) as a payment option. The Pornhub blog says USDT support comes from a partnership with TRON. Therefore, to make a payment using Tether, the service recommends using the TRONLink wallet. A new...

The US Department of the Treasury

US Treasury tests blockchain for tracking federal grants

by

The Department of the Treasury in the US, which controls government income, is examining blockchain tech for tracking governmental grant refunds. Modernization program administrator at the USDT Craig Fischer told during one of the last conferences that the Treasury is near to completing a PoC...

Burger King Venezual now accepts crypto payments

Burger King Venezuela now accepts crypto payments

by

All-time famous food chain Burger King has implemented not just Bitcoin but other cryptocurrencies to its system as well. So if you live in Venezuela and have Ether (ETH), Litecoin (LTC), Binance Coin (BNB), Dash (DASH), or Tether (USDT) then you can have access to some great food from Burger King!...

Tether stablecoin

Backers of Tether sued over the market manipulation

by

A class-action complaint accuses the corporations behind the Tether stablecoin of “propping and popping the largest bubble in history,” which led to a disappearance of $256 billion in crypto wealth. The complaint accuses the issuer of Tether of manipulating Bitcoin prices. The suing process...