Tether

USDT vs USDC: A Look at the Leading Stablecoins

Stablecoins have become a major part of the cryptocurrency space over time, with Tether USD (USDT) and USD Coin (USDC) now being the two leading stablecoins by market capitalization. While both are fully collateralized stablecoins, their underlying business models and infrastructure differ. Looking at the differences between USDT and USDC is crucial for investors to […]

Bitcoin Bounces Back After Falling Below $26K

In the early hours of Thursday (UTC time), Bitcoin fell below $26,000, partly due to fiat-backed stablecoin Tether ($USDT) temporarily losing its peg. However, currently, $USDT is looking healthier and so does Bitcoin. According to data by TradingView, on crypto exchange Bitstamp, the Bitcoin price fell to around $25,499 — which is the lowest it […]

Tether CTO Addresses Stablecoin’s Fiat Backing As $USDT Launches on Kusama ($KSM)

On Wednesday (April 13), Paolo Ardoino, CTO at Tether (and Bitfinex), said the fiat-backed stablecoin issuer has been taking “enormous steps” to increase transparency and to “reduce dramatically” its exposure to commercial paper. Tether, which was launched in 2014, is the issuer of the dollar-pegged stablecoin with the same name. Tether tokens are supported on […]

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