Tether (USDT) | ForkLog

ForkLog 14 13.08.2021

Media: Alameda Research and Cumberland Take the Lion’s Share of USDT Issuance

More than two-thirds of the total USDT supply issued by Tether was purchased by two cryptocurrency firms — Alameda Research and Cumberland Global. According to the Protos portal, citing its own sources.

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ForkLog 23 09.08.2021

Report: Nearly 50% of USDT backing by Tether consists of commercial paper

As of July 30, 2021, the stablecoin USDT was 100% backed by reserves of Tether Holdings Limited, Moore Cayman confirmed in a new report.

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ForkLog 14 28.07.2021

Chatex P2P Exchange Adds Tether Support on the TRON Blockchain

The Chatex service for exchanging and storing cryptocurrencies has added support for the Tether (USDT) stablecoin on the TRON blockchain. This was reported on the project site.

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ForkLog 21 26.07.2021

Bloomberg reports US Justice Department has opened an inquiry into Tether; the company calls the news clickbait

The U.S. Department of Justice has opened an inquiry into possible bank fraud by executives at Tether, the issuer of the largest stablecoin USDT, Bloomberg reports, citing informed sources.

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ForkLog 13 21.07.2021

Bitstamp announces listing of Tether’s EURt stablecoin

The oldest European cryptocurrency exchange, Bitstamp, opened deposits for Tether’s EURt stablecoin, fully backed 1:1 by euros, amid strong client demand.

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ForkLog 13 15.07.2021

Hong Kong arrests four over $113m cryptocurrency money-laundering scheme

Hong Kong Customs arrested four suspects in a cryptocurrency-based money laundering investigation, according to the South China Morning Post.

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ForkLog 34 05.07.2021

Fitch analysts flag risks in the growth of stablecoin market capitalization

The growth in the issuance of not fully backed 'safe-asset' stablecoins could lead to breaches of financial stability and, as a result, tighter regulation. Such conclusions are contained in Fitch Ratings' note.

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ForkLog 7 26.06.2021

The Fed calls the Tether stablecoin a ‘challenge’ to financial stability

The Tether stablecoin (USDT) threatens the stability of the financial system, says Boston Fed President Eric Rosengren.

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ForkLog 8 21.06.2021

Tether supply growth stalls as Bitcoin price falls

From June 2 to June 21, Tether (USDT) supply remained at around $64.4 billion, reflecting subdued demand for the stablecoin from clients.

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ForkLog 6 31.05.2021

Chinese traders weather the first shock from authorities’ criticism of Bitcoin

The USDT-to-yuan rate retraced more than half of its 4.4% losses recorded after the release of a Xinhua News Agency piece {{AOPEN_1}}with criticism of Bitcoin{{ACLOSE_1}} and cryptocurrency mining, Bloomberg reports.

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ForkLog 11 26.05.2021

Stablecoin market capitalization has surpassed $100 billion

The combined market capitalization of stablecoins has surpassed the $100 billion mark. Since the start of the year, the figure has risen more than threefold.

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ForkLog 16 25.05.2021

USDT market cap tops $60 billion amid extreme market volatility

Against the backdrop of a cryptocurrency market downturn, Tether's (USDT) market capitalization rose above $60 billion. Over the year the metric has grown by nearly sevenfold.

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