Tag: tether

NewsBTC Tether USD Ethereum

Tether Will Issue Tokenized US Dollars on the Ethereum Blockchain No Comments

It is always interesting to keep an eye on tokenized fiat currency. Most people are aware of USDT, a virtual currency pegged to the US Dollar. It now seems the company has partnered with Ethfinex to step things up a bit. More specifically, they are bringing tokenized US Dollars to the Ethereum blockchain. Anyone can turn regular USD into tokens which can take cryptocurrency mainstream in the comin...


exmo

EXMO Integrates Trendy Cryptos Monero and Tether No Comments

EXMO, the cryptocurrency market keeps integrating heavily modern and promising cryptocurrencies to the platform. This time, it is about two requesting at the market cryptocurrencies, namely Monero (XMR) and Tether (USDT). The operations to add and withdraw the means are available in the ‘Wallet’ section. Monero Currently, Monero (XMR) is one of the most hasty-growing cryptocurrencies. Accord...


tethers

Yet Another 25 Million Tethers are Created out of the Blue No Comments

The concept of Tether and their USDT tokens has always seemed strange. The company guarantees every USDT is pegged to the value of $1. Such claims are always pretty difficult to maintain over the long run. Especially when the company simply creates more Tethers out of the blue without proving they are all backed by a US Dollar value. Over the past few days, around 75 million Tethers have been issu...


Apple App Store Removed The Tether App Without Further Explanation No Comments

The past few weeks have been quite problematic for the Tether project. Pegging digital currencies to a fixed US Dollar rate has proven to be quite challenging. Things only get worse when your banking partners no longer process transactions. It now turns out the Apple App store removed the platform's application briefly as well. Tether Continues The Uphill Battle Tether is starting to face a lot ...


NewsBTC USDT USD Tether

Converting USDT to USD Is Subject to a 7% Premium Due to Tether’s Banking Woes No Comments

A lot of cryptocurrency enthusiasts will be aware of the problems faced by Tether. The company provides digital tokens linked to their native fiat currency value. However, it appears this peg is no longer being maintained, at least where Tether USD - or USDT - is concerned. That is not a positive development by any means, as this situation needs to be addressed sooner rather than later. Tether Ca...


Kraken to Release New and Improved Design. Bitcoin exchange news Newsbtc

Kraken Adds a New Asset, Tether to Its List of Crypto-Offerings No Comments

The leading cryptocurrency trading platform Kraken has expanded its offering by including support for a new crypto asset —Tether (USDT). The platform announced the new development in its latest blog post. The inclusion of USDT now makes it possible for cryptocurrency community members to trade and exchange the digital token for USD. Tether is a cryptocurrency built over Bitcoin blockchain. Th...


NewsBTC Tether Discrepancy

Tether.to Balance Sheet Unveils Large Discrepancy Between USDT and USD Reserves No Comments

Tether.to is a custodian service, priding itself upon being transparent at all times. To achieve this goal, the company makes their reserves balance sheet publicly available. It appears there is some cause for concern, though. Right now, there is a near-million dollar discrepancy between their fiat reserves and the number of tethers in circulation. A very unusual situation, that much is certain. ...


GoCoin and Tether Team Up to Streamline Bitcoin Payments

GoCoin and Tether Team Up to Streamline Bitcoin Payments No Comments

Although more and more online merchants are getting used to the idea of accepting bitcoin payments, others feel discouraged by the volatility and lack of security for the cryptocurrency. In their new partnership, GoCoin and Tether aim to address these issues in pushing for increased mainstream acceptance of digital currencies. By teaming up, GoCoin can now allow its current merchants to transact ...


Bitfinex Homepage Screenshot

Bitfinex Adds Tether to its Exchange Platform No Comments

US-based digital currency exchange Bitfinex is integrating Tether into its system.  Tether claims to be the first real-world currency platform built on the bitcoin blockchain.  The currency is allowing Bitfinex users to fund and withdraw money from US accounts without the aid of traditional banking institutions. Tether is currently available on both the withdrawal and deposit pages of Bitfinex....


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