Tag: tether

The Curious Case of the 5bn USDT Misprint by Tether

It has been at least a full week since the latest debacle involving Tether and USDT got some attention. This long wait is now over, by the look of things, as the company successfully printed $5bn USDT in quick succession, prior to burning the majority of these tokens shortly after. Speculation is running wild as to what has been going on exactly and why this was even possible in the …
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3 key Notes on the Recent 250m USDT “Printing” on Ethereum’s Blockchain

Every time the Bitcoin price shows signs of moving up, it is a matter of time until enthusiasts find some sort of link to potentially worrisome Tether behavior. These correlations will always be present, as not everything that happens is an illegal course of action. The recent “printing spree” Tether has been on shows 250 million Ethereum-based USDT has been brought into circulation. The bigger question is whether or not …
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Tether Will Issue TRC-20 USDT Tokens on Tron’s Blockchain

There are always peculiar developments in the cryptocurrency to take note of. Especially where stablecoins are concerned, there are plenty of things to take into consideration. Tether, the creators of the USDT stablecoin, are now bringing their popular token to the Tron network. This development further confirms the Tron blockchain is here to stay, as these tokens will be used for native dApps and protocols. Tether Sees Merit in TRC-20 …
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What Are Stablecoins?

Every day, the cryptocurrency space sees new and exciting developments and progress. One particular area that has seen heightened exposure of late is the stablecoin. Stablecoins play an interesting role in decoupling blockchain utility from market volatility, and it’s likely that the niche will serve a vital role in the public adoption of cryptocurrency. Stablecoins, as the name suggests, represent a category of cryptocurrencies that are not subject to price volatility. They are stable in …
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