Tether


Markets

Tether's USDT Stablecoin Drops 3% Below $1 Peg

USDT is trading at 97 cents on several bourses, and briefly fell as low as 93 cents on the Kraken exchange.

USDT traded lower than its intended peg on Thursday. (Cryptowatch)

Policy

US Tether Bank Fraud Investigation Changes Hands Within the DOJ: Report

The U.S. Attorney’s Office for the Southern District of New York will now be handling the investigation, Bloomberg reported Monday.

Director de Tecnología de Tether, Paolo Ardoino, en la Blockchain Week de París en abril. (Bitfinex)

Videos

SmartMedia Technologies Exec on Tether Ditching Commercial Paper

Reeve Collins, co-founder of stablecoin issuer Tether and SmartMedia Technologies, discusses Tether's cash management after it reduced its commercial paper holdings to zero, replacing those holdings with U.S. Treasury bills.

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Tech

Bitcoin Software Company Synonym Launches Bitkit, a Bitcon Wallet Powered by Slashtags Protocol

The firm claims Slashtags will enable web portability and “passwordless” authentication.

Synonym's Bitkit wallet unveiled at Lugano's Plan B Forum (Stephen Alpher/CoinDesk)

Finance

Tether’s Paolo Ardoino Says Bitcoin Adoption in Lugano, Switzerland, Going Well

The bitcoin push is part of the city's "Plan B," which includes hosting a crypto conference this week.

Paolo Ardoino. (Ingrid Weel/Bitfinex)

Finance

Stablecoin Issuer Tether to Make USDT Available at 24,000 ATMs in Brazil

The 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.

(Ingo Rösler/Getty Images)

Learn

Fiat-Backed Stablecoins: What You Need to Know About Tether, USD Coin and Others

Fiat-backed stablecoins are cryptocurrencies pegged to the value of real-world currencies, such as the U.S. dollar or euro, and backed by reserves in that currency.

(Unsplash)

Videos

Tether Cuts Commercial Paper Holdings to Zero

Stablecoin issuer Tether has reduced its commercial paper holdings to zero, replacing those holdings with U.S. Treasury bills. "The Hash" discusses the latest in the world of stablecoins.

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Videos

Legal Firm Roche Freedman Removed From Class Action Against Tether, Bitfinex: Report

Law firm Roche Freedman was removed from representing the plaintiffs in a class action lawsuit against crypto exchange Bitfinex and stablecoin issuer Tether, which accused them of market manipulation, according to a Bloomberg report. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details and why a judge referred to what Roche Freedman did as "stupid."

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Policy

US Judge Removes Legal Firm Roche Freedman From Class Action Against Tether, Bitfinex: Report

The firm was removed even after its controversial founder Kyle Roche filed to withdraw from the case.

French authorities sentenced two men to jail for using crypto to fund terrorism in Syria (Shutterstock)