Untethered: The History of Stablecoin Tether and How It Has Lost Its $1 Peg
Cointelegraph explores the history of stablecoin Tether, which is fighting to return to $1 per token Go to Source Powered by WPeMatico
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USDT Price Hits $1 Again but Only on Bitfinex
It would appear Tether’s stability struggles are not over just yet. The current still remains below $0.97 for the second day in a row, and it seems retaking the $1 level will be challenging. In fact, the only exchange trading USDT at the correct price is Bitfinex, which won’t really surprise anyone. USDT Price Isn’t … Read more
Crypto Markets See Calm as Most Coins Consolidate Recent Gains
Crypto markets are seeing some calm today, with most major cryptocurrencies seeing only small price changes, both red and green Go to Source Powered by WPeMatico
Fifth Largest Crypto Exchange Huobi Lists Four USD-Backed Stablecoins, Following OKEx
World’s 5th largest crypto exchange Huobi follows OKEx in listing four USD-backed stablecoins for deposit starting friday Go to Source Powered by WPeMatico
Paxos Says It Has Issued $50 Mln of Recently-Launched Dollar-Backed Stablecoin
Blockchain Trust company Paxos has issued around $50 million worth of its recently launched U.S. dollar-backed stablecoin Go to Source Powered by WPeMatico
TUSD Price Struggles to Drop to $1 Again as Stablecoin Volatility Remains
The cryptocurrency industry is in the process of dealing with a very peculiar problem right now. Despite Tether’s USDT struggling for stability to regain $1, its TUSD counterpart has a struggle of its own. Over the past day, the currency has struggled not to go over the $1 mark, yet it is currently valued at … Read more
Crypto Payment Platform BitPay Introduces Settlement in Stablecoins
Crypto payment platform BitPay has started accepting settlements in stablecoins GUSD and USDC Go to Source Powered by WPeMatico
Third Top Cryptocurrency Exchange OKEx Lists Four Stablecoins at Once
OKEx has announced listings for four stablecoins: TrueUSD, USD Coin, Gemini Dollar, and Paxos Standard Token Go to Source Powered by WPeMatico
The Fall of Tether and What It Means for the Cryptocurrency Markets
The demise of Tether has been a car crash in slow motion. An unswervable event that has played out over the course of months, it has reached a crescendo in the past 24 hours, with tether slipping significantly from its dollar peg. It is possible, perhaps even probable, that it will regain parity with the … Read more
The Daily: Tether Sheds Its Peg
What kind of a world are we living in when bitcoin and tether, two of the stablest currencies in the cryptosphere, break out at the same time? Bitcoin is headed north while tether has taken a tumble in events that are closely linked. Of course, there’s other news in this edition of The Daily, like … Read more
