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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Tether Floats Mexican Pesos-based Stablecoin in Latin America
Tether Operations Limited, the blockchain startup behind the USDT stablecoin, has announced its entry into Latin America with the launch of the Mexican Pesos backed MXN₮ stablecoin.
Is the Luna stablecoin crash a sign of the entire industry's death?
It is impossible to tell for sure whether the dump was a deliberate act, who stood behind it, or what its purpose was. Transparency in Terra's actions could shed light on these questions.
Tether Regains $1 Peg
Tether (USDT) has regained its 1-to-1 peg with the dollar after briefly dropping to 94.55 cents, its lowest since December 2020.
Will BlackRock monopolize the entire crypto market?
BlackRock Inc., who amassed $10 trillion in assets under management at the end of last year, and was even dubbed the "fourth branch of government" is making headlines with its plans to offer crypto trading via its Aladdin platform, lend money using crypto assets as collateral, and become the primary manager of Circle's USDC cash reserves.
Crypto Whales Taking Wait-and-See Approach
Based on hiked interest rates and the ongoing Russia-Ukraine war, crypto whales have shown signs of caution, given that their transaction volumes have been dwindling.
Stablecoins Wallet Addresses Records 12m with Holding at Least $1m
According to data from CoinMetrics, the total number of wallet addresses holding at least $1 million has topped 12 million.
CBDCs Will Not Change the Role of Stablecoins, Says Tether CTO
The subject of CBDCs has garnered a lot of thoughts from experts in the cryptocurrency ecosystem; one of them is Tether CTO Paolo Ardoino.
Swiss City Lugano Partners with Tether to Adopt Crypto Tax Payments
The City of Lugano in Switzerland has entered into a partnership with Tether Operations Limited to drive its technological advancement while enabling its capabilities to allow its residents to pay their taxes through cryptocurrencies.
Ruble-Crypto Trading Soars amid Western Sanctions on Russia
Trading volumes between the Russian Ruble and the Tether cryptocurrency surged on Monday as Western powers slapped sanctions on Russia over the Ukraine-Russia war.
The Crypto Market Accumulates BTC, But Lacks Catalyst for Explosive Rise. Top DeFi Losers
The Crypto Market Accumulates BTC, But Lacks Catalyst for Explosive Rise. Top DeFi Losers

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