TETHER

 

Description
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create stable digital cash.

Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen.

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Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight
The OCC announced that national banks and federal savings associations could hold reserves for customers with stablecoin assets.
Uniswap’s UNI Price Drops by 30%, but DeFi Protocol Still Winning
Uniswap’s very own UNI dropped by more than 30% over the weekend, plummeting from its all-time high of $8.39, according to data from CoinMarketCap.
MicroStrategy CEO Michael Saylor From BTC Skeptic to Bitcoin Maximalism
MicroStrategy's CEO Michael Saylor went from cryptocurrency skeptic to Bitcoin bull in just seven years, but his eyes are for Bitcoin and Bitcoin only.
Facebook-Backed Association Picks Another Former HSBC Executive as Libra Network's CEO
James Emmett, the former HSBC executive, is joining Libra Networks as the new managing director. He will assume his new role on October 1.
Uniswap DEX Launches UNI Governance Token
Uniswap, the decentralized exchange platform, and the on-chain market maker has launched its own governance token called Uni.
$1 Million in USDT Refunded After DeFi Mistake
Tether CTO Paolo Ardoino announced last Friday, that a group of Chinese traders had mistakenly sent their funds to Swerve, a clone of Curve Finance.
Brock Pierce Served for Securities Fraud in Connection with His Blockchain Company Block.one During Electoral Campaign
Presidential hopeful Brock Pierce was served a court summons during his electoral rally at his new headquarters in New York City today.
Five EU Member States Take Position Against Stablecoins
Five members of the 27-member European Union Bloc has urged the body to pass regulations to stiffen the emergence and existence of stablecoins in the region
Tone Vays and Blockstream CEO's "Shitcoin List" Includes Ethereum, Ripple, Litecoin, and EOS
Tone Vays believes that Ethereum, XRP, Litecoin, BCH, Tether, EOS, Dash, Cardano, BSV, IOTA, Chainlink, and Monero are all "shitcoins." Blockstream CEO agrees.
Paxful Crypto Peer-to-Peer Marketplace Expands Beyond Bitcoin with Tether USDT Stablecoin
Paxful, the leading peer-to-peer Bitcoin trading platform, announced that it will be adding stablecoin Tether to its crypto payment options.

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