Serious Stablecoin Threats Emerge at Austin’s SXSW Event: How Will the Fiat Tokens Fare?

2019-3-18 20:38

One of the most popular methods for hedging against volatility in the crypto market is stablecoins. Even though tether has been the most popular go-to stablecoin, it recently made a change to its website that has gotten some negative attention.

The change went from backing one tether with a USD to the following revision: “Every […].

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Binance Coin (BNB) Snatches The 7th Spot From Tether (USDT), Sets Out To Hit $20

The Binance Coin (BNB)  is certainly on its way to the moon. By far one of the best-performing coins this year, BNB is not likely to go anyway but forward. And all of this reflects in the coin’s swift upsurge, the most recent of which took place within the last 24hrs and has now led […] The post Binance Coin (BNB) Snatches The 7th Spot From Tether (USDT), Sets Out To Hit $20 appeared first on ZyCrypto.

2019-3-7 14:56


Tron Partners With Tether to Launch TRC20-Based Stablecoin

Tether (USDT), the seventh most valuable crypto asset by market cap, has shrugged off attempts by newer stablecoins to usurp it. Now, a new version of tether is coming to the Tron network. Also Read: Gibraltar Exchange to List Bitcoin Cash Fiat Trading Pairs Tether to Trade on Tron Tron is officially partnering with Tether […] The post Tron Partners With Tether to Launch TRC20-Based Stablecoin appeared first on Bitcoin News.

2019-3-5 01:30


After $10B Drop, Crypto Market Slightly Recovers: Why a Trader Expected Today’s Bounce

Following yesterday’s widespread crypto market plunge, most major cryptocurrencies have bounced slightly today, but they are still down significantly from where they were a week ago. The market’s recent volatility has led Tether, the largest stable coin by market cap, to briefly overtake EOS to be the fourth most valuable cryptocurrency by market capitalization.

2019-1-30 03:00


Ôîòî:

In Tether We Trust? USDT Still Dominant Stablecoin

Tether (USDT) remains the most popular stablecoin, accounting for more than half of all value moving from Bitcoin to fiat or fiat-denominated currencies in December. Has the sector gone back to bed with the original stablecoin? A recently published report by CryptoCompare, a cryptocurrency statistics source, found that Tether represents 75% of Bitcoin (BTC) trades […] The post In Tether We Trust? USDT Still Dominant Stablecoin appeared first on Crypto Briefing.

2019-1-18 18:56


How MakerDAO’s Decentralized DAI Stablecoin Token Looks to Oust the Controversial Tether (USDT)

The previous year has been marked by a lot of things, including high-profile crypto exchange hacks, two market crashes, a year-long bear market, and of course — stablecoins. 2018 has been quite an eventful year for fiat pegged coins, which started emerging due to high volatility of regular cryptocurrencies. The most popular stablecoin, Tether (USTD) […]

2019-1-15 22:25


Ôîòî:

Bloomberg Finds That Tether Could Be Backed by Sufficient USD Collaterals

Bloomberg reported December 18 that Tether, the largest stablecoin by market cap, is most likely backed by equivalent USD deposits. Tether’s Bank Statements Suggest USD Sufficiency According to the report, Bloomberg reviewed the bank statements of four separate months which depicted that the amount of USDT coins in circulation was in accordance with Tether LTD’s […] Bloomberg Finds That Tether Could Be Backed by Sufficient USD Collaterals was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-12-19 15:59


Ôîòî:

Bitcoin Breaks Downtrend by Surging 10% to $6,700, is the Tether Sell-off a Factor?

Earlier today, on Oct. 15, the price of Bitcoin surged from $6,150 to $6,700 on most major fiat-to-cryptocurrency exchanges including Coinbase, Bitstamp, and Kraken. Although the price of the dominant cryptocurrency surpassed the $7,500 mark on Bitfinex, the increase in the value of Bitcoin on Tether-enabled exchanges such as Bitfinex and OKEx were triggered by […] The post Bitcoin Breaks Downtrend by Surging 10% to $6,700, is the Tether Sell-off a Factor? appeared first on CryptoSlate.

2018-10-15 14:00


Bitfinex Banking Scares Continue, Bitcoin Premium Skyrockets, Tether Dumps

Since the establishment of the first crypto-to-fiat platform, exchanges have been subject to intense scrutiny from banks, regulators, and most importantly, the consumers and investors themselves. Despite its veteran status in this nascent industry, Bitfinex isn’t exempt from this scrutiny, as a few too many controversies have rocked the Hong Kong-based startup over its near-six-year history.

2018-10-13 15:46