USDT

Origin Debuts OUSD, a Stablecoin That Works Like a Savings Account

Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides.

By Brady DaleSep 23, 2020

Matt Liu, co-founder; Tom Linton, OUSD head engineer; and Josh Fraser, co-founder

Markets

New York Attorney General to Bitfinex and Tether: ‘Delays Must Stop’

Bitfinex and Tether shouldn’t need more than two months to produce documents about USDT issuances and past operations in New York first ordered 17 months ago, an NYAG lawyer argued in a letter Monday.

By Nikhilesh DeSep 15, 2020

The New York Attorney General's office laid out a three-part, 60-day document production plan. Bitfinex's counsel countered with a 30-day period to discuss the scope of the documents. (Bjoertvedt/Wikimedia Commons)

Finance

FTX Releases COMP Derivatives to Keep Up With DeFi Frenzy

Crypto exchange FTX is launching COMP derivatives later Thursday as deposits on the Compound DeFi platform soar past $300 million.

By Brady DaleJun 18, 2020

Markets

Tether CTO Claims USDT Stablecoin Can Boost DeFi Liquidity

Tether CTO Paolo Ardoino believes the USDT stablecoin can boost the decentralized finance ecosystem.

By Paddy BakerApr 1, 2020

Tether Chief Technology Officer Paolo Ardoino. Tether issues the USDT stablecoin.

Markets

Bybit Enables Two-Way Margin Trading With Perpetual Contracts Quoted in Tether

The Singapore exchange is adding tether (USDT) perpetual contracts to simplify account management and allow two-way trades.

By Sebastian SinclairMar 24, 2020

Tokyo crossing. Credit: Shutterstock/Ugis Riba

Markets

Tether Stablecoin Launches on Its Seventh Blockchain

The world's largest stablecoin by market value is now live on the Bitcoin Cash network via the Simple Ledger Protocol.

By Sebastian SinclairMar 20, 2020

Markets

Dollar-Backed Stablecoins Are Holding Their Own Amid Coronavirus Chaos

As the global equities markets continue their free fall, stablecoins seem to be weathering the storm.

By Sebastian SinclairMar 18, 2020

Habit de Monnayeur (Coiner) by Nicolas II de Larmessin, 1695 (via Wiki commons). A "coiner" in the old days was a person who coined money, often counterfeit coins.

Markets

Stablecoins 'Flip' Ethereum's Native Currency in Transfer Value

A greater share of value is being transferred via stablecoins over the ethereum network than its own native cryptocurrency.

By Sebastian SinclairJan 30, 2020

Markets

Tether to File Motion to Dismiss Class Action Lawsuit Based on NYAG Claims

The company claims that plaintiffs cannot prove Tether transactions caused bitcoin’s surge or that damages were incurred.

By Nate DiCamilloNov 15, 2019

Markets

Tether Says Its Stablecoin Is 'Fully Backed' Again

Tether says its USDT stablecoin is "fully backed by reserves," after reporting in April its token was only 74% backed.

By Nikhilesh DeNov 8, 2019

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