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USDT
Tether to File Motion to Dismiss Class Action Lawsuit Based on NYAG Claims
The company claims that plaintiffs cannot prove Tether transactions caused bitcoin’s surge or that damages were incurred.
Tether Says Its Stablecoin Is 'Fully Backed' Again
Tether says its USDT stablecoin is "fully backed by reserves," after reporting in April its token was only 74% backed.
Why Tether Volume Is at All-Time Highs
The dollar-pegged stablecoin tether (USDT) has become a virtual bridge between Chinese traders and global markets.
Millions in Crypto Is Crossing the Russia-China Border Daily. There, Tether Is King
Tether has a real-world use case: Chinese importers of cheap goods in Russia use it to send millions home daily.
Tether Lawyer Admits Stablecoin Now 74% Backed by Cash and Equivalents
Tether's general counsel told the New York Supreme Court that it can only back about 74% of USDT in circulation as of Tuesday.
Tether Says Its USDT Stablecoin May Not Be Backed By Fiat Alone
Tether has updated the terms on its website, saying that its dollar-pegged USDT stablecoin may not be backed 100 percent by fiat reserves.
Tether to Launch New Version of USDT Stablecoin on Tron Blockchain
Tether is gearing up to launch its controversial stablecoin as a native token on the Tron blockchain.
Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report
Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.
Stablecoin Purchases Surged Amid Wednesday's Crypto Market Drop
The broader cryptocurrency market plummeted on Wednesday, but stablecoins in particular saw no shortage of buyers.
PwC Is Advising (Not Auditing) Another Stablecoin Project
PwC's Hong Kong division is exploring best practices for issuing stablecoins with non-profit Loopring Foundation. Auditing, though, is another matter.
