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USDT

 

Description
USDT (a.k.a. Tether) is the cryptocurrency version or form of USD dollar issued by Tether Limited.
In the current monetary system, currency issuance is solely controlled by central banks. USDT claims to be backed by the reserve of US dollar. However, if the USDT is not fully backed, this can induce credit risks. For users, if their accounts of USDT are not regulated, this can lead to a loss of user's protection as well.
In the exclusive interview with BitFinex, Paolo Ardoino, CTO of Tether Limited explains his journey in USDT.

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Binance Announces Successful Integration of Kava EVM

Binance Announces Successful Integration of Kava EVM

Mar 18, 2024

Binance has completed the integration of Kava's Ethereum Virtual Machine (EVM), now supporting deposits and withdrawals for KAVA and USDT.

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Binance Launches VIP Margin Trading Promo with USDT and Apple Vision Pro Rewards

Binance Launches VIP Margin Trading Promo with USDT and Apple Vision Pro Rewards

Mar 14, 2024

Binance introduces a VIP Margin Trading Promotion offering up to 5,000 USDT, an Apple Vision Pro, and exclusive event invites for increasing trade volume.

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Binance P2P Introduces Flat Taker Fee on USDT Trades in Select Markets

Binance P2P Introduces Flat Taker Fee on USDT Trades in Select Markets

Mar 13, 2024

Binance P2P platform announces the implementation of a flat taker fee for USDT trading pairs across selected fiat markets, set to take effect by end of June 2024.

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Binance Launches Futures NEXT: Predict Token Listings and Earn Rewards

Binance Launches Futures NEXT: Predict Token Listings and Earn Rewards

Mar 07, 2024

Binance introduces Futures NEXT, a platform allowing users to predict token listings on USD‚ìà-M Futures market and earn rewards through a unique Pick system and multiplier-based vouchers.

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Tether Unveils Recovery Tool for Enhanced Blockchain Stability and User Asset Protection

Tether Unveils Recovery Tool for Enhanced Blockchain Stability and User Asset Protection

Mar 05, 2024

Tether introduces a robust blockchain recovery plan to secure USDT tokens and ensure uninterrupted access across multiple blockchains.

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Tether's Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth

Tether's Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth

Feb 02, 2024

Tether Holdings Limited reported a Q4 2023 profit of $2.85 billion, boosted by US Treasuries, Gold, and Bitcoin reserves, and a net profit of $6.2 billion, showcasing strong financial health.

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Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC's Approach

Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC's Approach

Jan 18, 2024

Ripple CEO Brad Garlinghouse predicts the approval of an Ether ETF by the SEC, critiquing the commission's approach under Gary Gensler as a political liability and detrimental to the U.S. economy's growth.

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Tether Criticizes UN Report for Overlooking USDT Traceability and Law Enforcement Collaboration

Tether Criticizes UN Report for Overlooking USDT Traceability and Law Enforcement Collaboration

Jan 17, 2024

Tether rebuts a UN report accusing USDT of facilitating illicit activities, underscoring its traceability and law enforcement collaboration, and highlighting USDT's positive impact on developing economies.

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Binance Enhances Trading Options with New Pairs and Bot Services

Binance Enhances Trading Options with New Pairs and Bot Services

Jan 11, 2024

Binance boosts its trading services with new spot trading pairs and trading bot services, expanding options and enhancing user experience. This includes pairs like MOVR/TRY, LDO/FDUSD, and more, with a focus on FDUSD and Turkish Lira pairs.

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Here is Why Tether Blacklisted Five TRON Addresses

Here is Why Tether Blacklisted Five TRON Addresses

Jan 03, 2024

Tether has blacklisted five new addresses on the TRON blockchain, highlighting its efforts to maintain network integrity and security. The largest address lost over $1.2 million USDT, aiding law enforcement and users in recovering stolen funds.

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