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USDT

Description
USDT (a.k.a. Tether) is the cryptocurrency version or form of USD dollar issued by Tether Limited.
In the current monetary system, currency issuance is solely controlled by central banks. USDT claims to be backed by the reserve of US dollar. However, if the USDT is not fully backed, this can induce credit risks. For users, if their accounts of USDT are not regulated, this can lead to a loss of user's protection as well.
In the exclusive interview with BitFinex, Paolo Ardoino, CTO of Tether Limited explains his journey in USDT.

News

Tether (USDT) to Discontinue Support for Multiple Blockchain Implementations by 2025

Tether announces it will discontinue support for Omni, Kusama, SLP, EOS, and Algorand blockchains by September 2025, prioritizing community preferences and security.

Rebeca Moen

Jul 11, 2024

| 0 Min Read

#TETHER #BLOCKCHAIN #CRYPTOCURRENCY #USDT

News

Wormhole Launches Native USDT Transfers Across Multiple Blockchains

Wormhole introduces native USDT transfers on Ethereum, Arbitrum, Base, Optimism, Polygon, BNB Chain, and Avalanche, leveraging Uniswap v3 and PancakeSwap pools.

Peter Zhang

Jul 08, 2024

| 0 Min Read

#USDT #WORMHOLE #UNISWAP #PANCAKESWAP

News

OKX Launches Campaign for Top USD Merchants with Featured Ads Opportunity

OKX announces a new campaign offering top USD merchants a chance to win featured ad spots in USDT and USDC pairs.

Luisa Crawford

Jul 02, 2024

| 0 Min Read

#OKX #USD #USDT #USDC

News

BitMEX Implements Fair Price Marking for BLAST/USDT Futures

BitMEX has updated its mark method for the BLAST/USDT futures contract to Fair Price marking, enhancing market accuracy.

Iris Coleman

Jul 01, 2024

| 1 Min Read

#BITMEX #BLAST #USDT #CRYPTOCURRENCY

News

Matrixport Unveils First Private Strategy Trading Competition

Matrixport launches its inaugural private strategy trading competition, offering participants rewards and exclusive privileges.

Lawrence Jengar

Jun 28, 2024

| 0 Min Read

#MATRIXPORT #CRYPTO #TRADING COMPETITION #USDT

News

Binance Converts BEAM, BCD, GO, NSBT, and SGB Balances to USDT

Binance has completed the conversion of BEAM, BCD, GO, NSBT, and SGB token balances to USDT, based on holdings as of December 26, 2023.

Iris Coleman

Jun 26, 2024

| 2 Min Read

#BINANCE #USDT #CRYPTOCURRENCY #TOKEN CONVERSION

News

Tether (USDT) Shifts Focus to Community-Driven Blockchain Support

Tether announces a strategic transition to prioritize community-driven blockchain support, discontinuing EOS and Algorand implementations.

James Ding

Jun 24, 2024

| 0 Min Read

#TETHER #USDT #BLOCKCHAIN #CRYPTOCURRENCY

News

Binance P2P Launches Exclusive Promotion for African Users with 10,000 USDT Reward Pool

Binance P2P announces a promotion for African users, offering a 10,000 USDT reward pool in token vouchers for eligible participants.

Darius Baruo

Jun 19, 2024

| 0 Min Read

#BINANCE #P2P TRADING #USDT #PROMOTION

News

Binance Futures Launches Grand Tournament with 3M USDT Prize Pool

Binance Futures announces a Grand Tournament with up to 3M USDT in rewards, featuring team and solo competitions.

Iris Coleman

Jun 13, 2024

| 2 Min Read

#BINANCE #CRYPTOCURRENCY #FUTURES TRADING #USDT

News

Tether Invests $18.75M in XREX Group to Enhance Financial Inclusion

Tether invests $18.75M in XREX Group to drive financial inclusion in emerging markets.

Caroline Bishop

Jun 07, 2024

| 0 Min Read

#TETHER #XREX #USDT #INVESTMENT

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