Amid naira scarcity, Nigerians’ interest in world’s most popular stablecoin, Tether, soars
Nigeria's cash scarcity menace has led to an increasing interest in crypto assets among Nigerians according to Google Trends data
Tag: Tether
Tether’s CTO addresses concerns surrounding short positions on USDT
Sequel to the reports that Crypto focused hedge funds are taking short positions on the leading stablecoin in the cryptocurrency ...
Tether Q1 2022 report shows a $4 billion decrease in commercial paper holdings
Tether has reported it cut its reserves allocation to commercial paper investments by 17%.
Tether loses nearly $10 billion in market capitalization in May
Tether (USDT), the world’s largest stablecoin, saw its total supply fall sharply this month by $9.11 billion as more investors ...
Why crypto investors, regulators are worried about Tether and other stablecoins?
The crypto market, however, has transformed unease into panic, attracting the attention of global regulatory agencies.
USDT briefly loses its peg to the U.S. dollar as market selloff intensifies
The world’s largest and most controversial stablecoin, Tether (USDT), showed signs of stress as USDT/USD traded under $0.99 on major ...
Tethers quarterly assurance report reveals $24.2 billion in commercial paper holdings
Tether has released its quarterly assurance report which revealed its commercial paper and certificate of deposit holdings.
USDC flips Tether on the Ethereum network
Circle’s USDC stablecoin has just achieved a major milestone as the second most capitalized stablecoin just flipped Tether’s USDT stablecoin ...
Tether freezes over $160 million worth of USDT on Ethereum blockchain
Tether, the issuer of the most capitalized stablecoin with a market capitalization of $78.4 billion, has added three Ethereum addresses, ...
CFTC fines Tether and Bitfinex to the tune of $42.5 million
On Friday, the United States Commodity Futures Trading Commission (CFTC), fined Tether and Bitfinex $41 million and $1.5 million, respectively, ...
