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Tether Volume Hits $600B As It Attempts To Take On Bitcoin As Crypto’s Benchmark

The latest data from analytics providers suggest that cumulative Tether transaction volume has just surpassed $600 billion as it begins to dominate crypto exchange trading. On-chain analytics provider Glassnode has revealed that Tether transaction volume increased by around 20% over the past 30 days to reach that new cumulative milestone.📈 Cumulative $USDT Transaction Volume just went […]

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Leading Cryptocurrency Exchange BitBay Lists Tether (USDt)

Tether, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, and BitBay.net, an Estonia licensed crypto-to-fiat exchange, are pleased to announce that tether (USDt) is listed on the platform. BitBay.net is one of the most established crypto-fiat exchanges in Europe while USDt recently surpassed a market capitalization of US$15 billion, thereby cementing its position as […]

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Tether Surpasses XRP By Market Cap Again

Tether (UDST), the world’s largest stablecoin by market capitalization, has again surpassed major altcoin XRP. On Sept. 1, Tether surpassed XRP as the third-largest cryptocurrency by market cap, becoming the second-largest altcoin after Ether (ETH). As of press time, USDT market cap accounts for more than $13.4 billion, according to data from crypto analytics website Coin360. XRP […]

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Tether Prints $300 Million, While XRP Reclaims Third Spot

Tether Ltd printed a totalof USDT 300 million Wednesday and this brought the total coins created to 540 million in the last three days alone. The latest USDT printing will see the top stablecoin’s market capitalization significantly passing the $10 billion mark. Responding to a whale alert twitter post, however, Paolo Ardoino the CTO at Bitfinex, explains […]

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Tether USDT Surpasses XRP as the 3rd-Largest Cryptocurrency

Tether’s USDT has just surpassed XRP in market capitalization, becoming the third-biggest cryptocurrency in the moments leading into the Bitcoin halving. Sitting with a market cap of $8.79 Billion, it is now bigger than XRP, whose market cap is roughly $8.6 billion. USDT is currently second only to Ether (ETH) as the largest altcoin in the […]

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Tether Announces The Launch of Tether Gold, A Gold-backed Cryptocurrency

Tether, the company behind the biggest stablecoin in the world, has launched Tether Gold, a digital asset providing exposure to physical gold. According to the company’s announcement, XAU₮ will be available both on Ethereum and on TRON and will represent one troy fine ounce of gold.Tether Diversifies Into Traditional Assets, Launches Gold-backed CryptocurrencyTether will be […]

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Tether Launches Chinese Yuan-Pegged Stablecoin on the Ethereum Blockchain

Tether has launched its Chinese yuan-backed stablecoin, which it revealed will run on top of the ethereum blockchain as an ERC-20 token.The stablecoin issuer said in a brief blog post Monday that the new token, known as CNH₮, is collateralized with yuan stored offshore.“CNH represents a further expansion of Tether’s capabilities in facilitating the digital […]

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Is Tether Causing The Ethereum Blockchain Some Concern?

Ethereum co-founder Vitalik Buterin, has noted that the processing cost of transactions completed in the token Ether on the main blockchain may get too expensive for some users.The network utilization has now spiked to the 90% level according to etherscan.io.This is not the first time something like this has happened like two years ago Crypto […]

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The Existence of Tether Whales is a Threat to Cryptocurrency

Very few cryptocurrency or blockchain projects make an impact on the scale of Tether and their USDT asset. In the case of this company, the public’s perception is anything but positive, despite how popular its asset has proven to be. New research by Coin Metrics confirms there are enormous Tether whales out there who own […]

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Tron and Tether Partner to Issue USDT on the Tron Network by Q2 2019

Blockchain protocol Tron (TRX) and Tether, issuer of stablecoin USDT, have announced a partnership to introduce USDT to the Tron network by the second quarter of 2019. The news was shared with Cointelegraph in an email on March 4.The forthcoming TRC20-based USDT — a term that indicates adherence to a technical token standard supported by […]

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