Tether has had a long history of questionable transparency regarding its stablecoin, and investors should be aware of it.
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What is Tether (USDt), and how does it work?
Tether’s USDt is a stablecoin, a type of cryptocurrency whose value is pegged to a real-world asset. Unlike many cryptocurrencies known for their price swings, Tether’s USDt (USDT) is designed to ...
The prime example is Tether, a firm that regulators once targeted. Its chief executive recently hobnobbed in Washington with lawmakers and lobbyists. Credit...Illustration by Zak Bickel/The New York ...
With $111 billion in assets and $6 billion in profits, shadowy stablecoin merchant Tether has emerged as crypto’s most profitable company. Now it's restructuring, moving into bitcoin mining, AI and ...
Tether invested an additional $100 million in Elemental Altus, increasing its 37.8% stake. Elemental merged with EMX, forming a mid-tier gold royalty company. Gold’s record high near $3,580 per ounce ...
In the short term, USDT’s price outlook remains stable by design. The peg to the U.S. dollar is actively maintained through ...
The world’s largest stablecoin issuer is taking steps to reshape its image in the U.S. as it faces continued scrutiny over its business practices. The head of the global firm behind the most widely ...
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