Tether to Launch Chinese Yuan-Pegged Stablecoin ‘CNHT’

Yuan	2019-8-21 17:36

Tether Limited, the creators of Tether (USDT), the largest stablecoin on the market and seventh-largest cryptocurrency in the world by market capitalization, has announced plans to launch CNHT, a stablecoin the highly controversial firm claims will be backed by offshore Chinese yuan, according to reports on August 21, 2019.

Tether Developing CNHT Stablecoin Per sourcesRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\.

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Tether (USDT) на Currencies.ru

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Источник: btcmanager.com

tether stablecoin → Результатов: 126

Tether announces USDT migration tool in a bid to safeguard against blockchain network failures

Major stablecoin issuer Tether has launched a recovery tool designed for migrating its USDT stablecoin across different blockchains. According to a March 4 announcement, the tool aims to safeguard continuous access to USDT (Tether stablecoin) in the face of potential…

2024-3-5 13:20	USDT
tether stablecoin tool usdt safeguard announcement march

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$300 Million Valuation Secured by New Stablecoin: Will It Dethorne Tether (USDT)?

Ethena Labs secures strategic funding, elevating its valuation to $300 million and positioning its USDe stablecoin as a formidable contender to Tether's USDT dominance. The post $300 Million Valuation Secured by New Stablecoin: Will It Dethorne Tether (USDT)? appeared first on BeInCrypto.

2024-2-17 19:00	stablecoin news
tether stablecoin usdt million valuation secured new

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Stablecoin issuer Tether appoints Paolo Ardoino as new CEO

The firm behind the USDT stablecoin says its current boss Jean-Louis van der Velde will transition to an advisory role for Tether.

2023-10-13 16:17	Tether
tether stablecoin jean-louis velde der van transition

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Tether Opts for US Treasury Bills to Back Stablecoin USDT

Tether strategically accumulates $72. 5 billion in US Treasury bills, securing a top position globally. Amid China's accelerated sell-off of U. S. debt, Tether's stablecoin, USDT, offers an inflation hedge in emerging markets.

2023-9-5 14:15
tether stablecoin bills usdt treasury china emerging

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Tether discontinues Bitcoin stablecoin, citing lack of usage

The Tether (USDT) stablecoin will no longer be issued on the Bitcoin Omni Layer, while redemptions will still be open for at least a year.

2023-8-18 23:43	StableCoin
tether stablecoin bitcoin redemptions layer open least

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Tether CTO Questions Newcomer Stablecoin: Is FDUSD in the Crosshairs?

Tether CTO, Paolo Ardoino, has suggested market manipulation following a decline in Tether's value and the rapid rise of new stablecoin FDUSD. He also questioned the legitimacy of recent stablecoin launches.

2023-8-4 14:00
tether stablecoin cto fdusd rapid rise new

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Tether’s Financial Mysteries: Concerns and Risks Lurking Behind the Stablecoin’s Curtain

Recent revelations have shed light on the financial backing of Tether, a popular stablecoin in the crypto market. These insights, based on documents from 2021, have raised questions about the stability and reliability of the digital currency.

2023-6-17 21:37	Latest News
tether stablecoin financial documents these insights based

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Tether dominating stablecoin market, this new hybrid exchange aims to take over the trading world

Tether is dominating the stablecoin world. with regulators tightening their grip on top exchanges like Coinbase and Binance, experts are bullish Tradecurve will dominate

2023-6-10 21:00	Sponsored
tether stablecoin world dominating like coinbase exchanges

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Tether sets new all-time high amid increased demand for financial freedom

Tether has surpassed its previous all-time market cap high of $83. 2B set in May 2022. Tether’s fortunes are pegged on the performance of its first stablecoin, the USDT which is currently the most used stablecoin around the world.

2023-6-2 19:24
tether stablecoin all-time high pegged around world

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Bitcoin’s Secret Weapon: How Tether Investment Could Prop Up a New Rally

Tether, the issuer of the world’s largest stablecoin, has announced plans to allocate a significant portion of its profits to invest in bitcoin. This move comes as Tether aims to reinforce its position as a stablecoin leader and diversify its reserves away from U.

2023-5-17 15:38	Journal
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USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High

Rival stablecoin tether (USDT) has grown to its most dominant since May 2021, now representing 60% of all stablecoins in circulation.

2023-3-30 00:44
tether stablecoin 2021 may dominant representing circulation

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How Tether Can Be a More Stable Stablecoin

Tether, the world's biggest stablecoin, has a problem. When the going gets tough, Tether users want out of Tether. What can the company do to change things?

2022-12-29 19:11	Consensus Magazine
tether stablecoin out users want things change

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Amid stablecoin market 'May-hem', Tether taking new steps to regain lost ground

The largest stablecoin with a market cap of $73 billion, Tether, ether has launched its native USDT on Polygon. The move is expected to help Tether gain ground as the leading stablecoin despite the reThe post Amid stablecoin market 'May-hem', Tether taking new steps to regain lost ground appeared first on AMBCrypto.

2022-5-28 16:30	News
tether stablecoin market ground amid lost regain

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Tether’s USDT Shakes Off Depeg Scare With Polygon Launch

The launch comes amid panic in the stablecoin market following the collapse of Terras UST. Tether Stablecoin USDT Heads to Polygon Despite ongoing concerns in the stablecoin market, Tether is...

2022-5-27 15:59	Tether
tether stablecoin launch market polygon usdt heads

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Tether Eyes Mexican Market With Peso Stablecoin

Tether, the company behind the largest dollar-pegged stablecoin on the market, USDT, has launched a new stablecoin pegged to the Mexican Peso. Tether Launches Fourth Stablecoin Tether is expanding its...

2022-5-26 15:35	Tether
tether stablecoin market peso mexican new pegged

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Tether Cuts 17% Of Its Commercial Paper Holdings Over Q1 2022

As per the official report published on May 18, Tether, the issuer of the world’s most used stablecoin, USDT, has cut 17% of its commercial paper holdings and increased United States Treasury bills with this reserve amount to back its stablecoin, USDT.

2022-5-21 17:00	USDT
tether stablecoin paper holdings usdt commercial increased

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Tether's USDT Stablecoin Well Over $1 on Ukrainian Crypto Exchange

Tether, which is supposed to represent a $1 value as a dollar-linked stablecoin, is trading above its peg on the Ukrainian exchange amid tensions.

2022-2-28 20:22	Markets
tether stablecoin exchange ukrainian above dollar-linked trading

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Tether Market Cap Swells Past $50 Billion, USDT Stablecoin Gets Listed on Coinbase Pro

The blockchain stablecoin issuer Tether Operations Limited has recently surpassed a $50 billion market valuation after seeing exponential growth during the last few years. Furthermore, the stablecoin tether has launched on the trading platform Coinbase Pro this week marking the San Francisco-based exchange’s first time supporting the dollar-pegged token. Tether Market Cap Increases by 170% […]

2021-4-27 17:15	USDT
tether stablecoin market coinbase pro billion cap

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Tether stablecoin is fully backed, says new assurance report

Tether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman.

2021-3-31 16:54	Gold
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What does the January 15 deadline hold for Tether, the world’s biggest stablecoin

Tomorrow is an important date for the issuers of Tether, a USD-pegged stablecoin. The post What does the January 15 deadline hold for Tether, the world’s biggest stablecoin appeared first on CryptoSlate.

2021-1-14 20:39	btcusd
tether stablecoin biggest world january hold does

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Tether Has Launched Its Gold-Backed Stablecoin

Stablecoin giant Tether Ltd. has just launched a gold-backed cryptocurrency, which is price-pegged to the precious metal. The news was announced in a Jan. 23 web post. Each token of Tether Gold, or XAUT, is physically backed by one troy fine ounce of gold.

2020-1-26 13:11	Tether
tether stablecoin gold-backed launched gold each token

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Tether burns more than it prints: 740 mm burned, 200 mm minted

USDT has been considered the go-to stablecoin, but the stablecoin has been accused of being part of illicit activities by market watchers due to exuberant minting. Tether printers are back at it as the month of October noted eleven instances of Tether treasury minting the stablecoin, followed by contentious swaps and transfers.

2019-11-1 01:30	Trading View
tether stablecoin minting minted prints 740 200

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Tether’s migration from Omni to ERC-20 protocol reaches near completion

USDT, the leading stablecoin in the cryptospace, has a market dominance of over 90%. And, since it is one of the primary sources of liquidity on a majority of the exchanges, it has shot its daily trading volume above Bitcoin in recent times.

2019-10-19 22:30	USDT
tether stablecoin completion migration erc-20 protocol reaches

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Tether Considers Algorithmic Stablecoin: Codename USDTX

Stablecoin provider Tether is considering creating an algorithmic alternative to its popular USDT token – possibly allowing traders to use cryptocurrency as collateral – as a means to provide another route to issue and trade USD-pegged assets.

2019-10-18 16:21	Tether
tether stablecoin algorithmic briefing crypto considers codename

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It’s Official: Tether Launches Yuan-Backed Stablecoin

Tether makes a bold move by officially launching its yuan-pegged stablecoin that might appear in the crosshairs of Chinese regulators

2019-9-10 19:44
tether stablecoin appear might crosshairs chinese yuan-pegged

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Tether Mulls Commodity-Backed Stablecoin to Cut Bank Risk: Report

Bitfinex shareholder Zhao Dong claims Tether will release a version of its stablecoin pegged to commodities such as gold, crude oil and rubber

2019-9-4 11:24	Yuan
tether stablecoin commodities pegged such gold rubber

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Tether Proposes Yuan-Backed Stablecoin

Tether, Inc. has proposed the creation of a new stablecoin backed by Chinese yuan, to take advantage of China’s demand for trading and crypto transfers.

2019-8-22 11:47	News
tether stablecoin advantage take china crypto transfers

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Tether to Roll Out Yuan-Backed Stablecoin That Will Probably Enrage Chinese Regulators

Tether is yet to launch its previously announced stablecoin that is backed by the Japanese yen

2019-8-21 16:56
tether stablecoin previously yen announced backed japanese

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Major Cryptocurrency Exchange Bitfinex Enables Support for EOS-Based Tether

It is a new version of the ubiquitous Tether stablecoin that is powered by the EOS Blockchain

2019-7-30 20:18
tether stablecoin ubiquitous cryptocurrency powered blockchain eos

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Tether Accidentally Minted $5 Billion of Its Stablecoins, Then Deleted Them

Stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again.

2019-7-16 16:42	Stablecoins
tether stablecoin accidentally weekend again destroying promptly

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Crypto ATM Operator CoinFlip Postpones Tether Stablecoin Listing

Crypto ATM operator CoinFlip has postponed support for Tether’s stablecoin USDT as the firm wants assurance that “Tether and Bitfinex are fully abiding by U.S. law”

2019-5-2 23:31
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Tether Treasury Mints $300 Million of Stablecoin: What Could It Mean for Bitcoin Price?

Yesterday, the Tether treasury, responsible for managing the supply of the stablecoin, has minted an additional $300 million USD worth of the fiat-backed stablecoin, following the recent bullish Bitcoin price action.

2019-4-26 23:00
tether stablecoin price bitcoin treasury million mints

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Maybe Tether Doesn’t Plan to Quit the Stablecoin Market After All

Tether announced today that it’s issuing USDT on the TRON blockchain. As Tether writes in its own blog post on the subject: The TRC20-based USDT enables interoperability with TRON-based protocols and Decentralised Applications (dApps) whilst allowing users to transact and exchange fiat pegged currencies across the TRON Network.

2019-3-5 04:44	Tron
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Paxos Standard Approaches Tether in the Stablecoin Race with the Market Cap Making over $41M

The leading stablecoin Tether is challenged by PAX which has seen growth lately and has a market capitalisation of $41.94 million. The post Paxos Standard Approaches Tether in the Stablecoin Race with the Market Cap Making over $41M appeared first on CoinSpeaker.

2018-10-22 11:39
tether stablecoin market making cap 41m paxos

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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem

Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.

2018-10-3 19:05	Digital assets
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A Top-20 Crypto Exchange Is Replacing Tether With a Rival Stablecoin

Tether, despite questions surrounding its finances, remains the dominant stablecoin. Following a recent announcement, is that starting to change?

2018-9-15 00:15	USDT
tether stablecoin recent following dominant change starting

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Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.

2018-9-13 18:07	Digital assets
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Will Gemini Overthrow Tether to Be the New King of Stablecoins?

The history of stablecoins in cryptocurrency has been a volatile one. It is a story not just of stability but also of skepticism, scrutiny and speculation. There have been enthusiasts who swear by it and skeptics who question their very existence.

2018-9-13 16:14	Cryptocurrency
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Gemini Exchange Launches Gemini Dollar, a Stablecoin Similar to Tether

In a new blog post, cryptocurrency exchange Gemini announced the launch of its own stablecoin — Gemini dollar. The cryptocurrency is pegged to the US dollar 1:1 and designed as an ERC20 token. Cameron Winklevoss wrote in the post that they intend to bring fiat and cryptocurrency closer by creating a regulated and trustworthy US […] Gemini Exchange Launches Gemini Dollar, a Stablecoin Similar to Tether was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-9-12 18:59	Cryptocurrency
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VPNs Used To Circumvent Chinese Crypto Ban

Investors of digital currencies in China have found multiple ways to bypass the nationwide ban on trading with cryptocurrencies. Industry experts have said that as long as the transactions stay as peer to peer and they are decentralised, regulators won’t be able to fully block them out.

2018-9-11 15:30
crypto ban vpns peer china circumvent used

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Chinese Cryptocurrency Traders Circumventing Bitcoin Trading Ban via Tether and VPNs

While the Chinese regulatory watchdogs have not failed to renounce their support over digital assets trading and crypto businesses in the region, investors still engage in the “forbidden act” using virtual private networks (VPNs) and the Tether stablecoin, reported the South China Morning Post on September 8, 2018.

2018-9-11 13:00
vpns chinese crypto traders tether trading bloglink

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New York Regulator Approves Two New Stablecoins, Gemini Dollar and Paxos Standard

Ever since fears arose around Tether (USDT), it seems like a new stablecoin is released every week to try and take its place. Today two new stablecoins have been revealed, with the distinction of being approved by the financial regulator known for the New York Bitlicense.

2018-9-11 02:15	Stablecoins
new regulator stablecoins york two standard paxos

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Gemini and Paxos Both Launch Stablecoins on Ethereum Blockchain

Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).

2018-9-11 01:58	Investing
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Bitcoin Magazine’s Week in Review: Lightning, Launches and Broken Promises

A handful of projects brought their tech to life this week, introducing new payment systems and coins to the industry’s offerings. Meanwhile, Bitcoin’s Lightning Network makes headway for the dev community, and one of crypto’s older and more respected exchanges (arguably) takes a step against the space’s principles.

2018-9-11 17:57
bitcoin week stellar one lightning projects sachs

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$Фото:$

For A Few Dollars Less: Kowala Stablecoin Backed By Math And Code

An innovative algorithm is promising to turn the stablecoin space on its head. Kowala, a blockchain protocol whose tokens are algorithmically tied to the value of fiat currencies, announced the alpha launch of its mainnet today.

2018-9-4 18:30	Stablecoins
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Bloomberg: $500 million in Tether (USDT) Has Made No Impact on Bitcoin (BTC) Price

Bitcoin (BTC), Tether (USDT)–Despite Tether (USDT) printing over half a billion dollars worth of new coinage throughout the month of August, financial news outlet Bloomberg reports the move has had little to no impact upon the crypto markets.

2018-8-27 22:04
usdt bitcoin tether bloomberg price impact btc

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Report: Tether Printing is Failing to Pump Bitcoin and the Crypto Market

Pumping the cryptocurrency market is proving to be a difficult task for “whales” and digital asset exchanges, researchers at Bloomberg believe. $500 Million USDT in August Alone As observed by the Bloomberg, over $500 million in controversial stablecoin Tether (USDT) has been “printed” throughout August, without a significant increase in Bitcoin’s (BTC) price.

2018-8-25 00:00	Tether
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Wyre Adds MakerDAO Stablecoin Pairing for Global Money Transfers

Blockchain money transfer company Wyre has announced a partnership with MakerDAO, creator of the Dai stablecoin, to offer Dai as part of a fiat-crypto trading pair in more than 30 countries across the world including the U.

2018-8-15 00:54	Payments
dai wyre fiat money through bitcoin like

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Tether Prints 50 Million USDT, The Controversy Continues

Tether is the project that you either love, hate, or know nothing about. For individuals falling into the latter category, here’s a quick overview of this often controversial topic. Tether Remains A Controversy Tether is a stablecoin that is inherently tied to the value of one U.

2018-8-13 21:45	USDT
tether controversy continues usdt prints million one

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China opens industrial park for digital yuan CBDC development in Shenzhen

The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan.

Russia will use Chinese yuan for transactions, avoiding sanctions

A shift in the digital currency environment may occur due to Russia's latest decision to utilize the Chinese yuan instead of the U.S. dollar in trade settlements with nations in Asia, Africa, and South America.

Digital Yuan Gifts In China During Holiday To Increase Adoption, Report Says

Recent events in China indicate the country’s paradigm shift concerning digital currency. The digital yuan (e-CNY) is gradually forming a significant part of the Chinese currency through its rapid development.

China’s central bank includes digital yuan in report on currency circulation

The 13.61 billion e-CNY represented roughly 0.13% of the 10.47 trillion yuan in circulation at the end of 2022.

China Seeks To Reduce Dependence On Dollar, Proposes To Issue An Asian Yuan

Amid the ongoing global CBDCs adoption, China proposes an Asian-wide digital currency to reduce the continent’s economic reliance on the US dollar. USD is unquestionably the most widely used international currency.

China will expand CBDC trials to most populous province: Report

PBoC deputy governor Fan Yifei said expanding e-CNY trials to the provinces of Guangdong, Jiangsu, Hebei and Sichuan would happen "at a proper time."

China will gift digital yuan to its citizens to boost the economy after the lockdown

In contrast to many other nations, China has adhered strictly to a zero-COVID policy, resulting in the repeated shutdown and closure of non-essential enterprises in key financial centres such as Shanghai.

2019-8-21 17:36

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