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Tether (cryptocurrency)

Tether (cryptocurrency)

Tether is cryptocurrency that works through the open source Omni Protocol. It supports US Dollars (USD), Euros (EUR) and Japanese Yen (JPY).

Tether is cryptocurrency that works through the open source Omni Protocol. At present, Tether supports currencies in US Dollars (USD), Euros (EUR) and Japanese Yen (JPY). Tether currencies are denoted by the symbol ₮, hence, USD₮, EUR₮, and JPY₮. Tether holds a one-to-one conversion rate with matching fiat currency, meaning 1 USD₮ is equivalent to 1 USD.

Timeline

April 25, 2021
Tether surpasses a market capitalization of $50 billion.

People

Further reading

Documentaries, videos and podcasts

Companies

News

Title
Author
Date
Publisher
Description
By ALEX VEIGA
October 15, 2021
AP NEWS
The company behind a digital token called Tether has agreed to pay $41 million to settle charges that it misled investors by claiming the token was fully backed at all times by U.S. dollars and other fiat currencies.
September 18, 2021
The Economic Times
The trouble with stablecoins is that they slip through the regulatory cracks. They arent classified as bank deposits, so the Fed and the Office of the Comptroller of the Currency have limited ability to oversee them. The SEC has some authority if they are defined as securities, but that is a matter of active debate.
JD Alois
August 20, 2021
Crowdfund Insider
Click HERE to find out ⭐ Circle: USDC Stablecoin is Just Another Set of Payments Rails but Better. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Tony Zerucha
August 13, 2021
Crowdfund Insider
Click HERE to find out ⭐ Recent Tether Disclosures Answer Some Questions, Raise New Ones. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Robert Schmidt & Jesse Hamilton | Bloomberg
July 28, 2021
@bsindia
Yellen urged agency heads at the July 19 meeting to act quickly to ensure stablecoins face appropriate rules
Omar Faridi
July 27, 2021
Crowdfund Insider
Decentralized lending protocol C.R.E.A.M Finance will reportedly be offering Euro backed Tether tokens, EURt.
JD Alois
July 26, 2021
Crowdfund Insider
Click HERE to find out ⭐ Tether Management Said to be Target of Criminal Investigation by US Department of Justice. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Michael McSweeney
July 26, 2021
The Block
U.S. officials are said to be investigating whether executives for Tether committed bank fraud, according to Bloomberg.
Kollen Post
July 21, 2021
The Block
In a July 21 blog post, Paxos announced that its duo of stablecoins, Paxos Standard and Binance USD, are backed by 96% cash or cash equivalents.
JD Alois
July 19, 2021
Crowdfund Insider
Click HERE to find out ⭐ Jeff Dorman of Arca: "Tether is the biggest systemic risk to the digital assets ecosystem". | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Kollen Post
July 7, 2021
The Block
Analysts estimate the total value received by the wallet addresses at nearly $8 million.
Kris Boratyn
July 7, 2021
Express.co.uk
ECONOMISTS have issued warnings about Tether, the world's third-biggest cryptocurrency, with some calling it a potential financial stability risk.
Omar Faridi
July 4, 2021
Crowdfund Insider
Stablecoin Report: Greater risks posed by stablecoins using only fractional reserves or higher-risk asset allocations.
JD Alois
June 28, 2021
Crowdfund Insider
Click HERE to find out ⭐ Boston Federal Reserve Official Calls Tether a Risk, Notes that a Stablecoin Recently Had Financial Difficulties. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
ABC News
June 23, 2021
www.abc.net.au
Large companies are exploring blockchain technology, as investors embrace 'decentralised finance', which has the potential to cost lawyers and bankers their jobs.
Yogita Khatri
June 19, 2021
The Block
The supply of the stablecoin Tether (USDT) has been flat since the beginning of this month, according to The Block's Data Dashboard.
June 8, 2021
news.google.com
Despite cryptocurrencies volatility, crypto investors rely on market capitalization to stronghold their investments. Digital currencies like Bitcoin and Ethereum that has the highest market capitalization represents their wide adoption.
Omar Faridi
June 2, 2021
Crowdfund Insider
Recent Bitcoin (BTC), Ethereum (ETH), wider crypto market crash was "big test" for nascent stablecoin market: Report.
JD Alois
May 24, 2021
Crowdfund Insider
Click HERE to find out ⭐ Tether Tops $60 Billion in "Flight to Safety". | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Tom Wilson
June 18, 2019
U.S.
Is bitcoin's crown slipping?
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