Tether's USDT Stablecoin Slips From $1 Peg
USDT is trading at $0.9955 on several bourses, down 0.6% from its $1 peg. Source
Read MoreUSDT is trading at $0.9955 on several bourses, down 0.6% from its $1 peg. Source
Read MoreIt’s a tale as old as time: the Department of Justice investigating Tether and USDT. It’s been reported far and wide, and
Read MoreTether, the company behind the issuance of usdt, the biggest dollar-pegged stablecoin in the cryptocurrency market, has announced its stablecoin will be available at more than 24,000 ATMs in Brazil. Smartpay, a cryptocurrency systems provider, integrated its technology stack with Tecban, an ATM provider in Brazil, to make this possible. Tether
Read MoreLos usuarios podrán enviar USDT desde cualquier billetera, incluso los exchanges, a un cajero, le comentó a CoinDesk Rocelo Lopes, CEO de SmartPay. A partir de febrero, la empresa les permitirá a los clientes depositar reales y recibir USDT en sus billeteras. Source
Read MoreThe conversion of tether to Brazilian reals and vice versa will be managed by local crypto services provider SmartPay in conjunction with TecBan, which owns the ATMs. Original Source
Read MoreHasta el 30 de septiembre, las tenencias del Tesoro estadounidense de la empresa se situaban en 58,1% del total de su portfolio, en comparación con el 43,5% de finales de junio, escribió en un tuit a principios de este mes Paolo Ardoino, director de tecnología. En su última publicación, Tether
Read MoreTether is now live on 15 different blockchain networks, according to the company’s latest announcement on Friday as the firm detailed that it is now supported by the Polkadot blockchain system. The stablecoin’s new support follows the token being added to the Near Protocol 11 days ago. The news further
Read MoreOn Wednesday, Tether (USDT), the issuer of the U.S. dollar-pegged USDT stablecoin, said that a recent order by a U.S. judge to provide evidence of USDT backing is part of routine discovery in court cases. The firm said that the decision did not substantiate any of the claims listed in
Read MoreThe judge for the United States District Court for the Southern District of New York, Katherine Polk Failla, ordered Tether to prove 1-to-1 backing of its eponymous stablecoin, Tether (USDT). The company is required to provide “general ledgers, balance sheets, income statements, cash-flow statements, and profit and loss statements” and
Read MoreThe order relates to an ongoing lawsuit that alleges that unbacked USDT issuances have caused $1.4 trillion in damage to the market. Source
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