By bnm Tehran bureau Tether cryptocurrency has reached a new record high of IRR 1.04mn, surpassing Ferdowsi Street's hard ...

Tether’s CEO Paolo Ardoino shared a post on X yesterday that Tether was the seventh-largest buyer of US Treasuries in 2024.

Given this, Tether is backed by fiat and is a stablecoin that aims to track the value of the US dollar. By extension, it aims to make crypto valuation stable. Tether serves as the first digital ...

A new paper by an academic famous for spotting fraud claims that the cryptocurrency’s valuation was pumped up through the use of Tether, a coin that trades on parity with the US dollar at three ...

According to data compiled from US Treasury reports and Tether’s auditor reserve disclosures, the company added $33.1 billion in US Treasuries. USD Treasury Holdings by Entity, Source ...

Tether (USDT) is a stablecoin designed to maintain a 1:1 peg with the US dollar, providing a stable digital asset for use in the cryptocurrency market. Unlike other cryptocurrencies like Bitcoin or ...