USDT


Finance

Tether’s USDT Stablecoin Enters Polkadot Ecosystem With Kusama Launch

Kusama becomes the tenth blockchain to support USDT, which already has more than $80 billion in circulation.

An installation in Berlin, Germany, by the polkadot-inspired artist Yayoi Kusama, after whom the Polkadot blockchain's canary network is named. (Adam Berry/Getty Images)

Markets

Hedge Fund Fir Tree Makes Big Short Bet Against Tether: Bloomberg

The asymmetric bet limits the downside, but promises big profits if correct, the firm's clients say.

safe dollars cash tether

Videos

Nickel Surges Above $100K, Investors Piling Up USDT

Nickel is having a parabolic run as presented in this “Chart of the Day.” It has surged 250% in two days and briefly traded above $100,000 due to a reported short squeeze and logistics uncertainty.

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Markets

Ruble-Denominated Bitcoin Volume Surges to 9-Month High

The increase comes as the West's sanctions on Russia trigger a flight from the ruble.

Ruble-denominated bitcoin volumes surge as the Russian currency hits record low. (Source: Kaiko)

Markets

Tether's USDT Stablecoin Well Over $1 on Ukrainian Crypto Exchange

Tether, which is supposed to represent a $1 value as a dollar-linked stablecoin, is trading above its peg on the Ukrainian exchange amid tensions.

Tether's USDT was trading at around $1.10 on Ukrainian crypto exchange Kuna on Thursday. (Kuna)

Markets

Tether's New Accounting Firm Is the Old One, With Baggage

Moore Cayman is now operating under the MHA Cayman name, but the firm's parent is under investigation in the U.K.

(Salameh dibaei/Getty)

Finance

Strike App Won’t Support Bitcoin in Argentina

The company trumpeted its expansion into Argentina earlier this week, but the Lightning Network-powered app is only supporting Tether’s stablecoin in the country.

Buenos Aires, Argentina (Sasha Zvereva/Unsplash)

Markets

Tether Freezes $160M of USDT Stablecoin on Ethereum Blockchain

The last time Tether froze an account was in late December.

Companies are joining the movement to add bitcoin to their balance sheets. (wir_sind_klein/Pixabay)

Finance

Why Brazilians Are Turning to Stablecoins Like Tether

Amid high inflation and a steady devaluation of the Brazilian real, locals tripled the traded volume of stablecoins in 2021.

Brazilian flag (Mateus Campos Felipe/Unsplash)