Tether has launched a new gold-backed stablecoin, aUSDT, on its Alloy platform, allowing users to mint the synthetic dollar through over-collateralization. Tether’s aUSDT facilitates transactions without selling gold-backed assets and…
Browsing: Tether stablecoin
Figure Technologies aims to become the first to introduce an interest-bearing stablecoin in the US. Figure Markets, the digital asset arm of Figure, also plans to secure $50 million in…
Tether, the company behind the USDT stablecoin, is investing $500 million in Bitcoin mining to diversify its business and become a major player in the industry. The investment includes building…
CryptoQuant, a prominent cryptocurrency data analytics firm, questions Tether’s status as the 11th largest Bitcoin holder using on-chain data. According to Tom Wan, a research analyst, Tether’s reported holdings align…
Many stablecoins are trying to fill the void left following the crash of TerraUSD. The Arcane report states that USDC is more regulatory compliant than USDT. After Terra’s stablecoin (UST)…
The use of Tether’s USDT stablecoin will make it easier for the pro-democratic groups to raise funds and topple the present government. It will serve as a Dollar Proxy for…