Tag: Tether

Cryptory.net - Tether (USDT) continues to strengthen its position as the largest stablecoin in the market with a new capitalization record.

Cryptory.net - Attorney Daniel Wheeler argues that a stablecoin pegged to the U.S. dollar and backed solely by cash in a bank could facilitate the expansion of the money supply without inducing inflation and enhance the banking sector.

Cryptory.net - In an effort to improve security and prevent bad actors from abusing USDT, Tether has frozen 161 stablecoin wallets that are sanctioned by OFAC.

Cryptory.net - The ALT2611 tokenized Tether bond from Bitfinex has only achieved 15% of its target fundraising in the two weeks since its launch.

Cryptory.net - Tether and Bitfinex have reached an agreement to resolve their dispute concerning a request made under the Freedom of Information Law (FOIL) by a collective of journalists, which includes Zeke Faux from Bloomberg Businessweek.

Cryptory.net - Tether admitted that the government of New York state handed over its financial documents to CoinDesk.

If you have heard of token standards such as Ethereum's ERC-20 and Binance's BEP-20, then TRC-20 is a similar standard.

Cryptory.net - Stablecoin Tether has reached a $83.2 billion market capitalization, equaling its previous peak little more than a year ago.

In the past year, the market share of Circle's USD Coin has decreased from 34.88% to 23.05%, while Tether's USDT has gained market share.