All by tag: Tether

The asset is the fourth stablecoin issued by the company

Journalists have listed a number of factors that could lead to the collapse of the stablecoin’s issuer

How the collapse of the native token’s price and other problems will affect the development of the project

The company’s total supply will not change after the withdrawal of the stablecoin to another network

Representatives of the issuer noted that stablecoins are fully secured by liquid reserves

Earlier, information appeared on the web that Alameda Research, the company associated with FTX, is trying to short the asset

There is currently nearly $70 billion in USDT in circulation

The company’s CTO Paolo Ardoino said that CoinGecko’S data about a 3% decrease in the asset’s rate is unreliable and is the result of a system failure

The expert believes that BTC is ready to rise to $26 000 under certain conditions

The exchange opened trading of the asset in pairs with its own BUSD stablecoin, as well as USDT and BTC

According to the company’s CTO, this initiative will make major changes in the country’s economy

The company noted that the assets were replaced with US Treasury bills