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USDT
The Problem With El Salvador’s Bitcoin Law, Effective September 7
Bitcoin will become legal tender in El Salvador beginning September 7, El Salvador President Nayib Bukele announced Thursday during a national address. He added every citizen will be gifted $30 via an e-wallet, once they verify their identities. Frances Coppola, author of "The Case for People's QE," discusses the "immense risks" of El Salvador's bitcoin currency rollout. Plus, why she thinks dai (DAI) is a bigger concern than tether (USDT).
Sam Bankman-Fried Speaks About McAfee’s Legacy, China Crackdown and Why Tether ‘Is Not a Worry’
FTX CEO Sam Bankman-Fried reacts to the death of antivirus software pioneer and early crypto investor John McAfee, discussing the way he “embodied 2017 in crypto” and the legacy he left behind for the digital asset industry.
Strike Phasing Out USDT From Bitcoin-Based El Salvador Remittances, CEO Says
Strike, the digital wallet startup behind El Salvador’s bitcoin-based payment system, is phasing out its use of Tether’s USDT stablecoin as a U.S. dollar substitute, CEO Jack Mallers said. “The Hash” team explores the ongoing scandal around Tether and the wider repercussions of El Salvador’s currency law.
Tether's First Reserve Breakdown Shows Token 49% Backed by Unspecified Commercial Paper
The new composition report is part of Tether’s efforts to stay in compliance with a settlement with the New York Attorney General.
The Stablecoin Tether Is Now Listed for Retail Trading on Coinbase
Coinbase has expanded its support for Tether. Previously only available on Coinbase Pro, customers will now be able to purchase USDT on the retail application. CoinDesk's Nik De discusses the addition of Tether to Coinbase. Plus, an update on the arrest of the founder of Bitcoin Fog, an illegal bitcoin mixing service.
Why Is Tether Still So Controversial?
Coinbase Pro is delaying the rollout of trading on stablecoin tether (USDT) until next month, citing application programming interface (API) issues. “The Hash” panel breaks down the ongoing controversy around tether.
Coinbase Will List Controversial USDT
Coinbase will list Tether on its professional trading platform. The decision is a controversial one: Tether has been involved in a series of legal disputes, including with the New York Attorney General's Office, over its claims to be backed by the US dollar. Nik De breaks down the situation.
During Bitcoin's Latest Price Crash, 'Tether Premium' Shows Where Money Went
The stablecoin's price in dollars surged during the recent market correction to the highest since the "Black Thursday" sell-off in March 2020.
Tether on Tron Blockchain Hits $24B, Surpassing Ethereum Amid Explosive Stablecoin Demand
The amount of tether on the Tron blockchain has exceeded that on Ethereum.
Tether’s USDT to Launch on Kusama With Polkadot to Follow
It’s slated to become the first stablecoin to launch on Polkadot.
