tether news

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Tether Displaces XRP as Number Three Cryptocurrency with $10 Billion Market Cap

By Godfrey Benjamin Jul 22, 2020

Just in March, Tether (USDT) had a market cap of $5 billion, today it has already reached a $10 billion mark.

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Tether is Back: The Platform Reopens Fiat Deposits and Tether (USDT) Redemption

By Julia Sakovich Nov 28, 2018

Tether’s stablecoin platform is coming back: it will be available for fiat deposits and redemption of fiat currency to USDT once again.

Altcoin News, Cryptocurrency News, News

Its Official, Tether Redeems and Destroys $500 Million Worth USDT Tokens

By Bhushan Akolkar Oct 25, 2018

Data shows that the $500 million worth USDT tokens accounted for 52% of the total supply leaving only another $446 million in the Tether treasury.

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As Tether’s Valuation Sinks, Gemini Dollar Takes Lead in the Stablecoin Market

By Bhushan Akolkar Oct 17, 2018

Controversial stablecoin Tether is going through a rough phase losing nearly 20% of its valuation in a week’s time with the decrease in USDT circulation in the crypto market.

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Bitcoin Showed a Minor Recovery to $6500 as Tether Pumps $50 Million in Crypto Market

By Bhushan Akolkar Aug 14, 2018

For the third time in the last one-month Tether has issued $50 million in USDT tokens as the company’s circulating market cap reaches $2.5 billion.

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Tether Says That Its Relationship with Auditor Friedman LLP Has ‘Dissolved’

By Bhushan Akolkar Jan 29, 2018

Analysts say that there could be a “bloodbath” in the crypto markets if suspicions regarding use of Tether tokens for pumping Bitcoin price turns out to be true.