Analysis
Research: USDC on track to flip USDT by Q3 to become leading stablecoin
USDC is expected to have a bigger market cap than Tether in the coming months due to greater compliance and transparency efforts.
James Van Straten 2 min read
USDT
Tether news today
Tether updates, transparency reports, and insights into the role of stablecoins in global finance.
Topic stats
Tether Price The latest stored price in US dollars, with its reported change over the past 24 hours. Market data may be delayed. $1.00
Peg health A 0–100 indicator of how closely this stablecoin trades to its reference target. It measures observed market pricing, not reserves or redemption safety. 98 /100
Coverage footprint Share of stories with a crypto tag. This topic’s share of CryptoSlate’s published stories in that group. Each story is counted once in the group total. 3.0%
Top Tether Stories
Stablecoins
Stablecoin supply saw the largest quarterly contraction in history in Q2
The downturn was triggered by the collapse of TerraUSD in May, which paved the way for market share growth of fiat-backed stablecoins.
Bankruptcy
Tether’s $840M Celsius loan liquidation poses legal troubles
Celsius legal representatives are asking whether the bankrupt lender could be able to recover the value of the collateral sold by Tether.
Latest Tether News & Analysis
Exchanges
Tether, Bitfinex aim at building a new internet with P2P app Keet
The app will run on the Holepunch platform, which allows users to connect via text, call, or video via distributed technology.
CBDCs
Private but regulated tokens could beat CBDCs, Australian central bank chief says
The Reserve Bank of Australia governor argued that the private sector is better than central banks at innovating tokens.
Stablecoins
Tether reducing commercial paper holdings down to $3.5 billion by end-July
The stablecoin issuer is making good on its promise to reduce its commercial paper holdings and have more of its reserves held in US Treasuries.
Stablecoins
U.S. Fed says recent strain highlights ‘structural fragilities’ in stablecoin sector
The Fed states that vulnerabilities in stablecoins may be further heightened by the absence of transparency about the riskiness and liquidity of assets backing them.
Stablecoins
Tether confirms DDOS attack on tether.io
The Tether website has to turn on "under attack mode" as it receives 400,000% increase in requests via DDOS attack.
Stablecoins
Tether has announced that it will launch USDT on the Tezos network
The popular stablecoin Tether has announced that they will be launching on the Tezos blockchain.
More Tether News Headlines
Stablecoins
Japan passes stablecoin bill for investor protection after UST debacle
Stablecoins
Tether co-founder says UST disaster spells doom for algorithmic stablecoins
Stablecoins
Tether remains unshaken despite $10 billion withdrawals in 2 weeks
Stablecoins
