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Tether Holdings Limited, the issuer of the USDT stablecoin, has reduced its exposure to commercial paper to zero. By doing this,...
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether hiring the accounting firm...
On Monday, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain...
Fiats, Stablecoins, Tether, and How it Works. Perhaps the biggest problem with cryptocurrency it’s volatility-how much it fluctuates makes it so hard to be considered a unit of account.Because most cryptocurrencies are pretty...
Key Takeaways
Tether announced today that it had employed the top five global accounting firm, Binder Dijker Otte, for its attestation reports.
The stablecoin issuer also said it plans to publish attestations monthly instead of...
Tether’s Bitcoin (BTC)-denominated loan to Celsius Network has been fully liquidated without a loss, easing concerns that the stablecoin issuer may have oversized exposure to the embattled crypto lender.In a statement issued Friday,...
