Tether


Markets

Ex-Tether Exec Joins Venture Launching Stablecoin Clearinghouse

A former Bitfinex and Tether exec and crypto finance firm XBTO are launching a Bermuda-based clearinghouse for stablecoins.

Bermuda

Markets

Game of Coins: Inside the Paxos-Gemini Stablecoin Discount War

Here's why several stablecoins saw sudden bursts of activity over the past three months.

game of thrones

Markets

Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report

Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.

Dollars

Markets

Tether Says Customers Can Once Again Deposit and Redeem Fiat

Tether is again offering fiat redemption of its stablecoin USDT. Meanwhile, Bitfinex is now offering tether trading pairs with USD and EUR.

Tether. (CoinDesk archive)

Markets

Report: US Officials Are Probing Tether Role in Bitcoin Market Manipulation

The U.S. DOJ is reportedly probing Tether and Bitfinex over whether they artificially boosted bitcoin's price using the USDT stablecoin.

dojfbi

Markets

Stablecoin Purchases Surged Amid Wednesday's Crypto Market Drop

The broader cryptocurrency market plummeted on Wednesday, but stablecoins in particular saw no shortage of buyers.

Balloons

Markets

Bitfinex's Parent Company Has a New Offshore Services Provider

iFinex, the parent company of Bitfinex, has parted ways with its old offshore services provider for a new firm.

tether

Markets

PwC Is Advising (Not Auditing) Another Stablecoin Project

PwC's Hong Kong division is exploring best practices for issuing stablecoins with non-profit Loopring Foundation. Auditing, though, is another matter.

PWC logo

Markets

Deltec Chairman Says Tether Letter on Bank Relationship Is 'Authentic'

Last week's much-scrutinized letter, in which a Bahamas-based bank appeared to vouch for Tether's balance, has been confirmed as genuine by the bank.

Credit: Shutterstock

Markets

Here's What 3 Lawyers Have to Say About That Cryptic Tether Letter

The wisp of a signature on Deltec Bank's letter to Tether is the least of it. More important is the language around liability.

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