Tether Stablecoin News

Tether Stablecoin News latest news, images, analysis about WebJul 31, 2023 · LONDON, July 31 (Reuters) - The world's largest stablecoin, Tether, said on Monday its assets rose 5.7% to $86.5 billion in the second quarter of 2023, while it made …

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Revealing Tether's Banking Partnerships and Extensive Commercial Paper Exposure in Recently Unveiled Legal Records

10 months ago
by CryptoMan

Acquired through a Freedom of Information Law inquiry, the documents provide a valuable yet restricted glimpse into the reserves supporting USDT, the largest stablecoin in the cryptocurrency market.

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Market

Tether's Market Cap Surges to Record High of $83.2B, Defying the Downturn in Stablecoin Market

11 months ago
by CryptoMan

USDT has surged to a market capitalization of $83.2 billion, successfully recuperating all the losses suffered since the collapse of the blockchain project Terra over a year ago.

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Is Tether's Bitcoin-Buying Plan a Cause for Concern?

11 months ago
by CryptoMan

If you squint your eyes, you might notice similarities between Do Kwon's bitcoin purchases during Terra/Luna's peak periods.

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Stablecoin Tether's reserves hit record $86.5 billion in second …

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WebJul 31, 2023 · LONDON, July 31 (Reuters) - The world's largest stablecoin, Tether, said on Monday its assets rose 5.7% to $86.5 billion in the second quarter of 2023, while it made …

Stablecoin USDT Issuer Tether Reports $3.3B in Excess …

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WebJul 31, 2023 · Stablecoin USDT Issuer Tether Reports $3.3B in Excess Reserves, Increased Bitcoin (BTC) Holdings Consensus Magazine Learn Bitcoin Calculator …

Stablecoin Tether's reserves fell $16 billion in second ... - Reuters

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WebAug 19, 2022 · LONDON, Aug 19 (Reuters) - Tether, the world's largest stablecoin by market value, said on Friday it had reserves worth $66.4 billion at the end of June, down …

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Huobi and Tether offer a warning sign | Fortune Crypto

Web18 hours ago · Like other stablecoins, Tether is supposed to be backed one-to-one by dollars so it’s value in theory should not drop below $1. But a week ago, it broke this peg, …

Crypto Mystery: Where’s the $69 Billion Backing the …

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The Bank of CryptoThe Start of StableCoinThe Bitfinex ConnectionThe Paper TrailFrom the start, cryptocurrencies have attracted skeptics who are just as fervent as the boosters I met in Miami, and in April 2017 they started coming for Tether. That month, an anonymous critic on Twitter who goes by Bitfinex’edclaimed Tethers weren’t backed by anything at all. He asked where the company was keeping its money and why it hadn’t pro...See more on bloomberg.comAuthor: Zeke FauxPublished: Oct 7, 2021CNBChttps://www.cnbc.com/2022/05/17/tether-usdt...Tether (USDT) redemptions fuel fears about stablecoin's …WebMay 17, 2022 · Share Key Points Tether’s circulating supply has slipped from about $83 billion a week ago to less than $76 billion on Tuesday, according to data from CoinGecko. The so-called stablecoin...

Stablecoin tether breaks its peg and drops to $0.95 as …

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WebTether, the world's biggest stablecoin, tumbled as low as $0.94 on Thursday as panic spread across crypto markets after a dramatic plunge in the TerraUSD and luna tokens. …

Tether's Stablecoin Dominance Threatened by …

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WebSo far this year, tether's share of the overall stablecoin supply has tumbled from 75% to 57%, according to data from The Block. Behind the decline are new challengers, …

Tether (USDT) stablecoin drops below $1 peg - CNBC

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WebMay 12, 2022 · Tether, the world’s largest stablecoin, broke below its $1 peg Thursday amid panic in the crypto market. The token sank to as low as 95 cents on some exchanges at around 3:15 a.m. ET. It’s...

Tether Stablecoin Loses Its Dollar Peg As FTX …

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WebTether, which is the third largest cryptocurrency and the world's largest stablecoin, fell to a low of $0.98 in Thursday morning trades before it recovered most of those losses.

Crypto giant Tether to launch sterling-pegged stablecoin

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WebJun 22, 2022 · LONDON, June 22 (Reuters) - Major crypto firm Tether said on Wednesday it will launch next month a "stablecoin" pegged to the British pound, a move that comes …

Tether (USDT) stablecoin regains peg after $3 billion in …

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WebMay 13, 2022 · Tether, the world’s largest stablecoin, regained its peg to the dollar after more than $3 billion worth of tokens left the system in a single day. The cryptocurrency …

Everything to know about Tether and stablecoins | Fortune

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WebOct 8, 2021 · There are dozens of stablecoins in use, with a combined market value that topped $100 billion in May, and more are coming. Most of those with large followings are …

Stablecoin Giant Tether Hit With $41 Million Fine in Latest Crypto ...

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WebOct 15, 2021 · WASHINGTON—Tether Ltd., the largest stablecoin issuer, agreed to pay a federal regulator a $41 million penalty Friday, the latest result of the Biden …

Assets Behind Tether: Crypto Stablecoin Details Revealed

WebDec 3, 2021 · Tether Holdings Ltd. had assets totaling at least $69 billion as of Sept. 30, according to an assurance from Cayman Islands-based Moore Cayman. That includes …

Tether Stablecoin News