Tether


Layer 2

Behind the Scenes of El Salvador’s Bitcoin Bond With the Man Who Designed It

Samson Mow reveals the fast-moving process behind a radical financial experiment.

Construction workers, who are paid in Bitcoin, work on a building outside the Bitcoin Beach office in El Zonte, El Salvador, on Monday, June 14, 2021. El Salvador has become the first country to formally adopt Bitcoin as legal tender after President Nayib Bukele said congress approved his landmark proposal.

Tech

How Stablecoins Merge Traditional and Decentralized Finance

Stablecoins create a bridge between traditional financial markets and cryptocurrency markets, providing a unique opportunity for investors and advisors.

(Manny Ribera/Unsplash)

Videos

Myanmar’s Shadow Government Reportedly Adopts Tether as Official Currency

Myanmar’s shadow government, the National Unity Government (NUG) made up of ousted leader Aung San Suu Kyi’s supporters, has recognized stablecoin tether (USDT) as its official currency. This comes as Myanmar’s central bank declared all digital currencies illegal. "The Hash" squad discusses the latest development illuminating the adoption of tether as a potential act of defiance.

Recent Videos

Policy

Myanmar’s Shadow Government Adopts Tether as Official Currency: Report

The National Unity Government said via a Facebook post that it now accepts USDT.

Myanmar, Mandalay division, Bagan, ancient temples shrouded in mist, at sunrise. (Martin Puddy/Getty)

Markets

Tether, SHIB Compete With Bitcoin in Inflation-Ridden Turkey as Lira Tumbles

Bitcoin’s perceived role as an inflation hedge is competing with altcoin speculation and U.S. dollar exposure through tether.

(Engin Yapici/Unsplash)

Markets

Stablecoin Tether Crashes on Indian Exchanges, Traders Buy The Dip

A single tether is supposed to be worth $1 or rupees 74.37 as per the current dollar-rupee exchange rate.

Tether crash and recovery on Indian exchanges (WazirX)

Finance

Tether, Bitcoin and Chinese Commercial Paper at Scale

A look at the leading stablecoin’s market cap and China’s real estate industry.

(Önder Örtel/Unsplash)

Finance

Tether’s USDT to Launch on Avalanche

The company behind the stablecoin also said that through an integration with Bitfinex, investors would have fast access to the token on the crypto exchange at low cost.

Tether

Policy

US Stablecoin Report Gets Mixed Reviews From Crypto Industry

Issuers’ reactions ranged from effusive to diplomatic, but lobbyists pushed back against stablecoin recommendations by the President’s Working Group on Financial Markets.

“The crypto industry is trying to walk a fine line between benefiting from the legitimacy provided by government oversight while trying to stay clear of extensive and intrusive regulation," says one academic. (Art Institute of Chicago)

Videos

Biden Administration: Stablecoins Should Be Regulated Like Banks

The long-awaited stablecoin report from the President’s Working Group on Financial Markets (PWG) suggests prudential bank regulators should oversee stablecoin issuers. Rep. Warren Davidson (R-Ohio) shares insights into the U.S. crypto regulatory landscape for stablecoins, custody issues, DeFi, and tether.

CoinDesk placeholder image