In a closely watched case with wide-ranging implications for the crypto market, Tether has admitted no wrongdoing and will provide reports on USDT’s reserve composition for two years.
Bitfinex says early Friday it repaid fully of the loan to Tether.
Buying in these stablecoins may foretell where the crypto market is going.
Is the price of bitcoin and other cryptocurrencies inflated because the backing of tether may not be as strong as people think it is?
A sharp drop in OKEx’s trading volume and stablecoin reserves – tether in particular – may reveal an ongoing exodus of its users after the popular crypto derivatives exchange unexpectedly halted all crypto withdrawal activities for about five weeks.
Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides.
Bitfinex and Tether shouldn’t need more than two months to produce documents about USDT issuances and past operations in New York first ordered 17 months ago, an NYAG lawyer argued in a letter Monday.
Crypto exchange FTX is launching COMP derivatives later Thursday as deposits on the Compound DeFi platform soar past $300 million.
Tether CTO Paolo Ardoino believes the USDT stablecoin can boost the decentralized finance ecosystem.
The Singapore exchange is adding tether (USDT) perpetual contracts to simplify account management and allow two-way trades.
The world's largest stablecoin by market value is now live on the Bitcoin Cash network via the Simple Ledger Protocol.
As the global equities markets continue their free fall, stablecoins seem to be weathering the storm.
A greater share of value is being transferred via stablecoins over the ethereum network than its own native cryptocurrency.
The company claims that plaintiffs cannot prove Tether transactions caused bitcoin’s surge or that damages were incurred.
Tether says its USDT stablecoin is "fully backed by reserves," after reporting in April its token was only 74% backed.