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Tether
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.

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.

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.

Bitcoin Software Company Synonym Launches Bitkit, a Bitcon Wallet Powered by Slashtags Protocol
The firm claims Slashtags will enable web portability and “passwordless” authentication.

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.

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.

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.

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.

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."

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.
