The stablecoin's price in dollars surged during the recent market correction to the highest since the "Black Thursday" sell-off in March 2020.
Our columnist compares how the company behind the leading stablecoin (USDT) attests to its reserves and how its competitors do it.
The amount of tether on the Tron blockchain has exceeded that on Ethereum.
It’s slated to become the first stablecoin to launch on Polkadot.
Exchange flows shift as tether continues to replace bitcoin, building quote currency dominance in altcoin trading.
The report is similar to those produced by other stablecoin issuers like Centre or Paxos.
Tether and Hermez announced mutual support in January to address the problem of historic Ethereum transaction fees.
Tether is its "own worst enemy" and needs to be audited, according to co-founder William Quigley.
Tether has announced the expansion of its USDt token to an eighth blockchain – Solana.
DeFi has cut into Tether's dominance of the stablecoin market. Will greater regulation help win back customers?
There are signs some of the excessive leverage had been wrung out of the market, implying the potential for a fresh more to the upside, analysts said.
Bitcoin analysts say this week's quick market rebound might be due to Chinese retail buyers buying the dip, using the stablecoin tether.
NYAG wrapped its investigation into Tether's internal finances, with the stablecoin issuer admitting no wrongdoing.
Even after a price plunge of more than $10,000 over the past couple days, analysts see further selling ahead.
The settlement appears to remove what might have been a systemic threat to cryptocurrency markets.