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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Tron DAO to Purchase 1 billion USDT to Combat Short Sellers
The Tron Dao reserve is now set to purchase 1 billion USDT to combat short sellers and bring the stablecoin USDT back to its normal price.
US DOJ Revises Probe into Tether Regarding Bank Fraud - Report
According to a Bloomberg report, the DOJ has reopened a probe into Tether to see if it violated US banking laws
Tether Eliminates All Commercial Paper Holdings to Zero
Tether has cut down all commercial paper exposure from its reserves. The firm said the move is part of its ongoing efforts to increase transparency.
Tether Boosts US Treasury Holdings Behind USDT, Further Reducing Commercial Paper
Tether said it has increased its investments in US Treasury bills backing its $68 billion stablecoin.
USDT Tokens Now Live on the Polkadot Network
Tether Limited recently expanded its reach across various blockchain platforms by launching its stablecoin (USDT) on the Polkadot network
Tether Ordered by New York Judge to Document USDT Backing
The presiding judge ordered Tether to provide evidence of the USDT backing of its reserves at the time. The company is required to provide financial documents to the court.
Tether Launches USDT Stablecoin on Near Network to Unlock New DeFi Products
Tether’s USDT, the world’s largest stablecoin by market cap, is now available on the Near Network proof-of-stake blockchain.
Tether Says Will Not Block Tornado Cash until it is Directed by Authorities
Tether has affirmed it will not be blockchain addresses linked to Tornado Cash unless explicitly asked to do so by the government.
Tether Taps BDO Global for Attestation of Reserve
Tether Holdings Ltd, the firm known for the issuance of the world’s largest stablecoin, USDT has tapped the Italian branch of Binder Dijker Otte (BDO), the fifth biggest public accounting firm to help in the handling of its assurance and attestation processes
Tether Says No Chinese Commercial Papers Holding on its Reserve
Tether Holdings Ltd, the USDT stablecoin issuer, has once again rebutted growing rumours about the composition of its reserve base. The issuer said they have no Renminbi holdings on its reserve.

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