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Posts published in “USDT”

Changes to Tether’s Terms of Reserves Raises Fresh Concerns

Changes to Tether’s website have raised fresh concerns about the companies reserve policy. Controversial stablecoin Tether is in the spotlight again after changes to the details of the way in which it backs up tokens in supply. As reported on March 14, various online users…

Indian Exchange Launches Lending Program for 5 Cryptocurrencies

An Indian crypto exchange has launched a program that allows its users to earn interest on their cryptocurrencies held at the exchange. Initially, users can lend BTC, USDT, BNB, XRP, and ETH. The CEO of the exchange has shared details about this new offering with…

Stellar (XLM) Makes Moves Up, Binance Coin (BNB) Flips

The crypto market appears to be still consolidating. As the Bitcoin news today show, there is no big price action on the market. In fact, the market is recovering and correcting since the weekend pump. Currently, the main buzz is created by altcoins as Bitcoin…

Stablecoins Are Threatened by These Two Major Issues

On the heels of recent commentary from the published correspondence between Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd, SEC senior advisor Valerie Szczepanik explained at Austin’s SXSW conference that stablecoins may be violating current securities laws. Also read: Payglobal Provides…

Tether’s New Terms of Service Spark Fractional Reserve Concerns

Popular stablecoin Tether has updated its  Terms of Service (TOS) on February 26th, once again raising questions over its dollar peg.  No One Does it Better Than Tether Tether 00 has regularly come under suspicion over its claims that it’s 1-to-1 backed by the US…

Bitcoin (BTC) Set For $4,500 With Tether (USDT) Reserve Doubts

Bitcoin prices stable and bullish Suspicion around Tether reserves will likely benefit Bitcoin Participation levels low but could increase as demand picks up Tether is making headlines thanks to their latest update touching on their reserves. While Bitcoin prices are unresponsive, it is likely that…

Each Tether (USDT) May Not Be Backed By 100 Percent Fiat

Tether Limited, the firm behind Tether (USDT), is not short of controversy. Formed by Broke Pierce, a former actor and a crypto investors and enthusiast, the company has the backing of venture capitalists and has links with BitFinex. Early last year, it was subpoenaed by…

Tether’s (USDT) Website Dilutes USD Backing Claims, Community Is Alert

The developers behind the stablecoin and dollar-pegged altcoin Tether (USDT) have drawn a lot of scrutiny today after many social media users noticed that Tether has removed previous claims that the altcoin was fully backed by the USD currency. This topic has emerged in the…

Weekly roundup March 4 – March 8

This week provided a lot of interesting headlines in the crypto space while bitcoin still remained fairly indecisive. Catch up on the details! Bitcoin charts getting exciting again? Bitcoin’s price remained largely in the upper $3,000 range this week. It still appears unclear whether the asset…