Tether


Tech

Stablecoin Lender Liquity’s Token Gains 80% in Month as Activity Increases

The LQTY token has almost doubled in price. Factors cited included growth in activity and an A rating from Bluechip.

(Jayashreee/Creative Commons)

Finance

Tether Promotes Paolo Ardoino to CEO

Former CEO Jean-Louis van der Velde will transition into an advisory role at Tether.

Tether CEO Paolo Ardoino (Tether)

Finance

Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge

Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.

Tether CEO Paolo Ardoino (Bitfinex)

Videos

Zeke Faux's Crypto Adventures and His Relationship With Former FTX CEO SBF

Should Sam Bankman-Fried have just performed a rug pull? Why is it so hard to get details into USDT issuer Tether? Zeke Faux, author of 'Number Go Up,' shares his findings after making a deep dive into the world of crypto.

Unchained

Finance

Tether Co-Founder Sizes Up PayPal’s Stablecoin Ambitions

Tether pioneer William Quigley, who was also an early investor in PayPal, said he doubts the payments giant will bring much innovation to the stablecoin space.

Tether co-founder William Quigley (Magnetic)

Policy

U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off

Michael Barr, who leads the central bank’s regulatory efforts, said the Fed remains in the basic research phase and would need actual legislation from Congress to authorize the move.

Michael Barr, the U.S. Federal Reserve's vice chairman for supervision, says the central bank is far from a decision on a digital dollar. (Nikhilesh De/CoinDesk)

Opinion

RETRACTION: Opinion Article on Justin Sun

An pseudonymously written opinion piece containing a personal attack against Tron CEO Justin Sun never should have been published.

A cardboard cutout of Tron founder Justin Sun (Danny Nelson/CoinDesk)

Videos

Tether to Discontinue Support for Bitcoin Layer Omni Due to Lack of Demand

Tether said that it will stop support for Omni, a Bitcoin layer used for USDT transfers since 2014. The stablecoin issuer will also relinquish support for Kusama (KSM) and Bitcoin Cash (BCH) SLP implementations, according to the announcement. "The Hash" panel discusses the discontinuation of legacy products as cycles rotate in the crypto industry.

Recent Videos

Finance

Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand

Omni was the first transport layer that Tether used in 2014.

USDT chart (CoinDesk)

Markets

Traders Ditch USDT on Curve, Uniswap, Pushing Key Exchange Pools Into Imbalance

Similar imbalances happened when Terra imploded in May 2022 and after the Silicon Valley Bank crisis hit USDC issuer Circle in March.

USDT daily price (CoinDesk)