Tag: tether

Tether’s USDT Has Become a Great Way to Increase One’s Bitcoin Holdings

Tether’s USDT has always been a very interesting currency for many reasons. It is supposed to be pegged to the US dollar at a 1:1 ratio, which has created some speculation as to how the company can keep the price at that level. Indeed, the value of USDT hardly ever shifts, even though it is slightly above US$1 right now. What is of great interest are its current trading volume and …
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Tether Issued Its Two Billionth USDT Token Due to Seemingly Growing Demand

If there is one particular token in the cryptocurrency world which sparks the most debate, it has to be Tether’s USDT. Although this is supposed to be a digital representation of the US dollar, there have been numerous concerns over its rapidly increasing supply and the financial assets required to back it. As of right now, the Tether supply is over 2 billion USDT. It’s a remarkable milestone, albeit one that is heavily criticized. …
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Tether Issues USDT and EURT Tokens on Top of the Ethereum Blockchain

The Tether company has quickly made an impact in the world of cryptocurrencies. Although there are some concerns about the company and its liquidity, it is moving ahead in an effort to expand its presence. Its latest venture involves using both USDT and EURT on top of the Ethereum blockchain. It is a pretty interesting development, considering that both of these currencies are compatible with the ERC20 token standard. Ethereum-based EURT and USDT Have Arrived It is …
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Omni Devs Introduce Feature to Freeze Assets in Specific Addresses

Not a day goes by without some interesting developments in the world of cryptocurrency. While most of these changes go by unnoticed, the Omni team added a compelling feature a few days ago. More specifically, they have allowed issuers of centrally managed tokens to freeze said tokens in an address. This has caused some unrest among people who are concerned with the current Tether situation. New Omni Feature Could be Problematic On one hand, it …
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