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Illustration: Alex Kuzoian/WSJ WASHINGTON—Tether Ltd., the largest stablecoin issuer, agreed to pay a federal regulator a $41 million penalty Friday, the latest result of the Biden ...
Tether was fined $41 million on Friday by the US Commodity Futures Trading Commission (CFTC) over not having sufficient monetary reserves, consistently enough, to say the eponymous stablecoin was ...
DUBAI, April 19 (Reuters) - Stablecoin Tether's recent growth is being driven by its use as an alternative to the U.S. dollar in emerging markets, rather than by demand for cryptocurrency trading ...
Some Tether critics fear that its real use is to keep the price of Bitcoin high The attestation seems unlikely to reassure Tether’s most vocal critics, some of whom fear that its real use is to ...
Tether simply promises that if you give it $1, it’ll give you a coin that will almost always be worth $1. That dull utility has made it the most widely traded digital token in crypto.
Once the cheapest blockchain for transferring USDt, Tron saw its USDt gas fees skyrocket above $9 in late 2024, according to data from Tether. Tether’s USDT stablecoin will soon feature ...
The stablecoin market is dominated by Tether (USDT), far and away the largest and most liquid of the dollar-pegged tokens, followed by Circle’s USD Coin (USDC ... and is free of any third ...