Stablecoins
Tether plans to issue two commodity-pegged stablecoins
Tether Ltd. is planning to issue two new stablecoins, one pegged to a basket of commodities and another to the Chinese renminbi, according to…
Ali Martinez 3 min read
USDT
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Tether updates, transparency reports, and insights into the role of stablecoins in global finance.
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Top Tether Stories
Regulation
Bitfinex must face New York attorney general in fraud lawsuit, says judge
A New York judge ruled Bitfinex must face the fraud suit and impending investigation set against it in April by New York attorney general…
Analysis
Three-quarters of all Tether owned by just 318 addresses
Tether ownership is worryingly concentrated, citing Coin Metrics data that showed just 318 addresses held 80 percent of all Tether in circulation. Coin Metrics…
Latest Tether News & Analysis
Price Watch
Bitcoin unfazed by FUD as it breaks through $6000
When bitcoin broke above $4,200 it marked a pivot point in the crypto markets. Since then, bitcoin has surged more than 40 percent and…
Exchanges
Bitfinex users unable to withdraw funds, $430 million drained from exchange cold wallets
An ongoing investigation into iFinex Inc. seems to have caused an exodus of traders out of Bitfinex. An increasing number of users report issues with…
Exchanges
Exploring Bitfinex’s emergency plan: a $1 billion initial exchange offering
Zhao Dong, one of China’s biggest OTC traders, recently published a marketing document detailing iFinex Inc. plans to conduct an initial exchange offering (IEO),…
Exchanges
Tether and Bitfinex confirm USDT is not fully backed by fiat, only 74% of tethers backed with cash
Legal representatives for Bitfinex and Tether confirm the widely held suspicion that USDT is not one-to-one backed by US dollars. Court documents confirm tethers…
Stablecoins
Tether and Bitcoin prices diverge on exchanges following fraud investigation
Tether, the leading stablecoin, recently unpegged from the US Dollar after news that the New York State Attorney General is investigating iFinex Inc., which…
Regulation
Tether price falters following iFinex investigation, bitcoin moved from Bitfinex
Following a probe which revealed the apparent loss of $850 million in funds, the attorney general of the State of New York obtained a…
More Tether News Headlines
Exchanges
Tether bombshell leads to 5% wipeout of bitcoin price
Analysis
Tether accused of minting almost $400 million in uncollateralized USDT to prop up bitcoin
Stablecoins
Tether’s Lack of Fiat Backing Could be Catastrophic for Bitcoin, Analyzing USDT’s Troubling Terms of Service
Stablecoins