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 ...

Specifically, S&P Global Ratings has concerns about Tether's reserve transparency, regulatory framework, risk appetite, and more. The second largest stablecoin in the world, USD Coin, was assessed ...

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 ...

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 ...

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 ...