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Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon

26.5.2022
The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT tokens will be initially hosted on Ethereum, Polygon, and Tron. MXNT Stablecoin Is Pegged 1:1 to...

Inflation Might Bring New Crypto Users, Tethered Peso, the Price of Zuckerberg's Meta Ambitions + More News

26.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: Inflation Might Bring New Crypto Users, Tethered Peso, the Price of Zuckerberg's Meta Ambitions + More News

Tether Enters Latin America With Mexican Peso-Pegged Stablecoin

26.5.2022
The country’s multi-billion remittances business and difficulties in transferring money create an “unique opportunity,” the company said

Tether launches stablecoin pegged to pesos on Ethereum, Tron and Polygon

26.5.2022
The announcement highlighted that this may spark the launch of more peso-backed stablecoins within the region

Crypto Whales Ditched Tether for USDC After Stablecoin Panic

25.5.2022
After Terra’s collapse, whale addresses on the Ethereum blockchain ditched Tether's USDT, the largest stablecoin, to flock to the perceived safety of its competitor, USDC

Tether ‘Transparency Is Needed’ Following Terra’s UST Collapse: Analyst

24.5.2022
The director of blockchain market research said Tether should be more transparent about “what they actually hold on their balance sheets,” on CoinDesk TV’s "First Mover," program

Tether is Fully Backed, Always Redeemable for USD 1 , Co-Founder Says

24.5.2022
“I strongly believe that [tether] is fully backed, and you will never have any issues redeeming it,” Tether co-founder and BLOCKv CEO Reeve Collins has said. Speaking in an interview with CNBC on Monday, Collins said that the popular stablecoin tether (USDT) is “still backed 1:1” by reserves...

Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report

22.5.2022
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via...

Do you have the right to redeem your stablecoin?

21.5.2022
Spoiler: No, stablecoin issuers do not guarantee the legal right for users to claim fiat currency back

Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions

20.5.2022
Declining demand for Tether and negative futures premiums for altcoins reflect a growing disinterest from crypto investors

UST aftermath: Is there any future for algorithmic stablecoins?

20.5.2022
The quest continues for the perfect “stand in” for the U.S. dollar. But, UST’s crash suggests that algo stables may be “inherently fragile.”

Algorithmic, fiat-backed or crypto-backed: What’s the best stablecoin type?

20.5.2022
DAI has been around since 2017, which no algo stablecoins has ever matched, and it’s unlikely to share the fate of UST

Tether CTO: Terra wasn’t a rug pull, it was a poorly designed ‘castle of cards’

20.5.2022
“It was clear to me, it was clear to many that I know that it was a bad idea,” said Tether and Bitfinex CTO Paolo Ardoino

Tether reports 17% decrease in commercial paper holdings over Q1 2022

19.5.2022
“This latest attestation further highlights that Tether is fully backed and that the composition of its reserves is strong, conservative, and liquid," said Paolo Ardoino

Tether launches crypto and blockchain education program in Switzerland

19.5.2022
"It is essential that educational institutions are put into place to help better inform not only traders and investors but future business owners," said Paolo Ardoino

Tether Cut Commercial Paper Reserve by 17% in Q1

19.5.2022
Tether reduced its commercial paper holdings by 17% from $24.2 billion to $19.9 billion in the quarter ended March 31, according to it latest attestation report

Tether in the Spotlight After USD 9B Worth of Redemptions

19.5.2022
The popular stablecoin tether (USDT) is again the subject of unwanted attention after approximately USD 9bn has been redeemed for US dollars by users in the aftermath of the terraUSD (UST) collapse. The redemptions have come despite USDT trading on exchanges within a rounding error of its USD...