Stablecoins
Tether explains why it ‘has nothing in common’ with Terra UST
With investors still reeling from the Terra UST fallout, Tether seeks to assure investors that it is different.
Samuel Wan 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. 97 /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
Regulation
EU regulators criticize stablecoins to promote Euro CBDC
EU regulators are using the attack on UST and USDT stumbling as proof that Europe needs a CBDC
Adoption
Dubai-based law firm, school to start accepting crypto payments
Ashish Mehta of Ashish Mehta & Associates claims Dubai and the UAEs regulatory and compliance framework encouraged his law firm to accept crypto payments.
Latest Tether News & Analysis
Stablecoins
Bitfinex CTO plays down reports that Tether was in trouble
Paolo Ardoino addressed the crypto community on May 12 to reassure investors that Tether was never under threat.
Stablecoins
You can redeem Tether USDT 1:1 on tether.to but there’s a catch
Regardless of the price on centralized exchanges and DEXs tether remains adamant that you can always redeem on tether.to for 1 dollar
Stablecoins
Gold-backed digital assets outperform Bitcoin, Ethereum
PAXG has risen by 7.4% in 2022, while its closest competitor, XAUT, has increased by 8.5% within the same period.
Adoption
Switzerland aims to become the next crypto utopia as Lugano makes Bitcoin and USDT legal tender
The progressive Swiss town wants to become a cryptocurrency hub in the center of Europe.
Stablecoins
Tether latest reserve attestation shows slash in commercial paper
Tether’s treasury bills and money market allocation increased significantly by 77.6% and 200%, respectively.
Adoption
Tether to transform Lugano into Europe’s Bitcoin capital
The Swiss city teams up with Tether in a bid to become Europe's Bitcoin mecca.
