Tether, the company behind the USDT stablecoin, has released a document detailing its fiat holding to support the currency.
According to the report, prepared and issued by the company’s lawyers, Tether only has cash reserves to cover 74 percent of the USDT currently issued and circulating on the market–a severe dip in valuation for a ‘stablecoin’ which is supposed to be backed 1:1…
TUSD Creator Bets on Stablecoin Adoption and Announces Four New Tokens for Australia, Canada, Hong Kong and Europe
April 25, 2019
The increase in the price and trading volume of various cryptocurrencies has promoted a lot of…
Tether (USDT) Transaction Volume at All-Time High Despite Controversy
April 2, 2019
Despite stirring controversy over the last year and a half, the ninth largest cryptocurrency by…
BCH Hash Wars and Tether Manipulation: Not a Good Look for Cryptocurrency
November 22, 2018
Bitcoin Cash (BCH), Cryptocurrency, Tether (USDT)–On a day where the crypto markets are…
The Rise of Stablecoins: Less Fun Cryptocurrency, More Viable Money
October 21, 2018
Cryptocurrency, Tether (USDT), Stablecoins–Earlier in the week EWN reported on comments by…
Berkeley Professor Finds Fault with Stablecoins
September 13, 2018
Stablecoin, Cryptocurrency–Stablecoins, the industry-denominated name for cryptocurrencies…
