• 02 July, 2024

Tag: Tether (USDT) News

Tether (USDT) is a popular stablecoin that aims to provide a “safe” digital asset that maintains a stable valuation. The goal is for Tether to always maintain the same value as its peg. Which is the third largest cryptocurrency after Bitcoin(BTC) and Ethereum (ETH).

In November 2017, the corporation used a hard fork, a security approach that splits a blockchain into two streams from preventing cyber theft.

Crypto traders utilize Tether to provide dependable liquidity, enabling them to trade and exit other cryptocurrency trades without experiencing unpredictable losses or gains from price fluctuations.

Tether is a digital currency issued to users by depositing fiat currency into its reserve. Tokens are destroyed when redeemed for fiat currency. It operates on blockchains like Bitcoin, Ethereum, and TRON.

For more news related to Tether, visit CryptoTale.

News
Tether’s USDT Now Accepted for Philippine SSS Contributions

Tether’s USDT Now Accepted for Philippine SSS Contributions

Tether, the world’s largest issuer of stablecoins, has joined forces with Uquid, a trailblazer in Web3 e-commerce, to facilitate Social

News
Kaiko Report Unveils Latam’s Stablecoin Preference Over Bitcoin

Kaiko Report Unveils Latam’s Stablecoin Preference Over Bitcoin

A recent market report issued by Kaiko, a prominent cryptocurrency market data analytics firm, highlighted a significant trend in Latin

Markets
Around 47.7 Million Worth of USDT Wallet Address Has Found Frozen: Report

Around 47.7 Million Worth of USDT Wallet Address Has Found Frozen: Report

Renowned analytical platform Whale Alert revealed in a recent X post that five substantial Tether (USDT) wallet addresses have been

Market News
Tether Launches Gold-Backed Synthetic Dollar, Alloy (aUSDT)

Tether Launches Gold-Backed Synthetic Dollar, Alloy (aUSDT)

Tether has announced the launch of Alloy (aUSDT), a new gold-backed stablecoin pegged to the U.S. dollar. This innovative digital

Market News
Euro-Backed Stablecoin Volumes Surge Amidst Regulatory Shifts

Euro-Backed Stablecoin Volumes Surge Amidst Regulatory Shifts

Kaiko, an analysis platform, has reported a surge in the trading volume of Euro-backed stablecoins via a tweet on the

Features
First Withdrawal Liquidity Case in China: College Student Yang Got Arrested

First Withdrawal Liquidity Case in China: College Student Yang Got Arrested

Imagine a college student creating his own virtual currency and then landing in jail for it. This is the story

News
Tether Amplifies Eastern European Presence with CityPay.io Investment

Tether Amplifies Eastern European Presence with CityPay.io Investment

Tether Operations Limited, a leading digital asset company, is significantly reinforcing its presence across Eastern Europe through a renewed investment

Market News
Tether’s Q1 Attains $4.52B Profit Milestone & Record Equity

Tether’s Q1 Attains $4.52B Profit Milestone & Record Equity

Tether Holdings disclosed a noteworthy profit after taxes of $4.52 billion during the first quarter of 2024. Reportedly, Tether’s net

News
USDC Takes Lead in Stablecoin Transactions This Year, Surpasses Tether

USDC Takes Lead in Stablecoin Transactions This Year, Surpasses Tether

Circle’s USDC stablecoin has dethroned Tether’s USDT as the leader in transaction volume for 2024, according to data compiled by

News
Tether Expands Beyond Stablecoins with Four New Business Divisions

Tether Expands Beyond Stablecoins with Four New Business Divisions

Stablecoin issuer Tether has announced a restructuring of its operations to expand beyond just stablecoin development. According to an April

News
Tether Invests $500 Million in Bitcoin Mining to Diversify Assets

Tether Invests $500 Million in Bitcoin Mining to Diversify Assets

Tether, the leading provider of digital dollars in emerging markets, has reached a market cap of $107.3 billion, asserting dominance

News
Ardoino Debunks Tether Depagging Rumors, Cites Binance.US Legal Challenges

Ardoino Debunks Tether Depagging Rumors, Cites Binance.US Legal Challenges

Paolo Ardoino, the Chief Technology Officer of Tether, recently addressed concerns via Twitter about the stablecoin Tether (USDT) trading below