Inside Tether’s Vaults: 82,000 Bitcoin And 48 Tons Of Gold Safeguard USDT

2024-10-28 12:00

Tether’s USDT is the world’s largest stablecoin, with a market cap nearing $100 billion. However, like many top blockchain projects, Tether has been the subject of many questions and inquiries. And for Tether, most of the questions swirl around its reserves, which serve as its primary selling point.

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Tether (USDT) на Currencies.ru

$ 0.9989 (+0.00%)
Объем 24H $72.042b
Изменеия 24h: -0.07 %, 7d: -0.07 %
Cегодня L: $0 - H: $0.9991
Капитализация $120.443b Rank 3
Доступно / Всего 120.574b USDT

tether questions many usdt subject point inquiries

tether questions → Результатов: 38


Bitfinex-Tether CTO claims user demand drives USDT distribution as questions raised against Tether swap

The Bitcoin community was relishing in the coin’s performance recently. However, other crypto-enthusiasts appeared skeptical of the king coin’s growth. The suspicion of Tether and Bitfinex’s involvement  in the said surge constantly did the rounds, and with Tether Treasury printing USDT in the name of swaps, this suspicion was strengthened in the community.

2019-7-6 13:00


Coinbase’s Brian Armstrong gets called out for shilling USDC coin after Bitfinex/Tether episode

The significance of stablecoins has been a hotly debated topic in the crypto community, splitting the opinions of major crypto-proponents across the board. The recent Tether/Bitfinex episode raised many questions about Tether’s status as a dependable stablecoin, since the virtual asset lost its 1:1 pegged valuation against the US Dollar, for a while.

2019-5-2 11:55


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