Tether


Policy

What Stablecoins Might Become

At issue is whether issuers of the digital assets will be regulated like banks.

(CoinDesk archives)

Finance

Hindenburg Research Offers $1M Reward to Uncover Tether’s Backing

The firm said it “has doubts” about Tether’s backing.

Zeppelin (Matthias Wewering/Pixabay)

Finance

Stablecoins Like Tether Could Pose New Risks to Securities Markets, Fitch Warns

“Stablecoin-related turbulence could both affect the CP [commercial paper] market itself and transmit shocks to other market participants,” the ratings agency wrote.

A sign for the financial ratings agency Fitch in London, U.K. (Matt Lloyd/Bloomberg via Getty Images)

Policy

CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims

The U.S. regulator issued an order “simultaneously filing and settling charges against Tether,” the issuer of the crypto industry’s largest stablecoin.

Rostin Behnam, acting chairman of the Commodity Futures Trading Commission, from left, Jerome Powell, chairman of the U.S. Federal Reserve, and Jelena McWilliams, chairman of the Federal Deposit Insurance Corporation, walk to the West Wing of the White House in Washington, D.C., U.S., on Monday, June 21, 2021. President Biden is meeting with the nation's top financial regulators for an update on the state of the country's financial systems and institutions. Photographer: Stefani Reynolds/Bloomberg via Getty Images

Videos

CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims

The Commodity Futures Trading Commission (CFTC) fined Bitfinex and Tether more than $42 million on allegations the USDT stablecoin was not fully backed at all times and Bitfinex violated a previous agency order. "The Hash" hosts discuss the charges and the outlook for stablecoin regulation.

Recent Videos

Videos

Blockstream CIO on Tether, Stablecoins, Liquid Network

Reacting to a report claiming Tether loaned out billions of dollars to Celsius and other crypto firms using bitcoin as collateral, Samson Mow, chief investment officer at bitcoin infrastructure firm Blockstream, discusses the increasing regulatory scrutiny over stablecoins, adding it’s “recycled FUD about Tether.”

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Policy

What Iceland’s Spectacular Banking Collapse Teaches Us About Tether

Iceland’s surreal banking bubble led to one of the biggest blowups of the 2008 financial crisis. The story holds important lessons – including a possible scenario for Tether’s collapse.

Iceland's famed Fagradalsfjall Volcano. The small nation's banks are also well known for their tendency to explode. (Sophia Groves/Getty Images)

Finance

Tether Has Loaned $1B to Celsius Network: Report

The stablecoin issuer has loaned billions of dollars to crypto companies, according to a Bloomberg investigation.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Videos

Bitcoin Price Surges to 5-Month High, What’s Driving Bitcoin’s Rally?

Bitcoin’s price has skyrocketed to a 5-month high of over $54,000 as bullish sentiment returns, with the cryptocurrency already up 25% this month. CoinDesk’s Galen Moore discusses insights into the possible factors driving what he calls the “spot-market driven rally” and its potential connection to tether, China, crypto regulation, and ETFs.

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Policy

The US Inches Closer to Stablecoin Rules

The question now shifts from “How will the U.S. government regulate stablecoins?” to “What will stablecoin issuers have to do?”

(Stefani Reynolds/Bloomberg via Getty Images)