Browsing Tag
Chinese Evergrande Group On The Brink Of Collapse
Recently, the crisis spooked some protestors who gathered outside the company's headquarters, eager to find out about its future. Many investors are becoming increasingly nervous that if Evergrande were to collapse, it would cause a contagion across China's banking and property sectors. An Evergrande downfall...
Tether Mints $1.5 Billion Of USDT – None Of It Is Backed – Worrying Times
However, Tether’s recent frequent minting with no backing has raised more concerns. The stable coin minted $3 billion USDT last month and $1.5 billion recently. This article explains the reasons behind the minting and the worries of investors. Tether Mints $1.5 billion of USDTStable coins...
Stablecoins Under Fire — With Tether Being Scrutinized Heavily By Regulators
Institutions have also shown interest in recent times, looking for ways to diversify their portfolio. The SEC also approved three exchange-traded Bitcoin funds just last month. The backed ETFs have given more access to institutional investors to get engagement with the asset class. Other parts...
The Open Secret No One Wants To Discuss – Tether Will Likely Fail Eventually
As of Nov. 6, 2021, 71.85 billion USDT are in circulation, with a market cap of $71.91 billion. As such, USDT is the favourite pair to compare prices with some of the biggest cryptos in the market, like BTC/USDT, ETH/USDT, SOL/USDT, among others. While the...
More Trade Volume Than Bitcoin – What Happens If Tether Crashes?
In the world of digital assets, volatility—in a catalytic way—is a key driver of growth. However, this volatility is not appealing to everyone, particularly to those who provide services to crypto firms and are compensated in digital tokens. Crypto initiatives, who hold their resources in...
Is USDT a Scam
TETHER (USDT)USDT (Tether) is the most “stable” stable coin in the world. It is common knowledge that cryptocurrency coins and tokens suffer from the problem of high volatility. It also leads to a steep rise and fall in its value. This problem is of paramount...
3 Stablecoins That Are Looking to Dethrone Tether (USDT)
The most popular and the largest stablecoin by market capitalization, Tether (USDT), is well-known in the industry and has been broadly accepted by many crypto fans globally. But, of course, it hasn’t been exempted from controversies around its issuer but remains a heavyweight among the...
Interest From Stablecoins – Does It Make Sense To Earn In This Way?
A stablecoin is a cryptocurrency whose value is tied to another cryptocurrency, fiat currency, or exchange-based commodity. There are three types of stablecoins – cryptocurrency-backed, fiat-backed, and commodity-backed. Fiat-backed stablecoins like Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) are pegged to the US...
Will Crypto And DeFi “Die” If Tether (USDT) Goes Bust?
Let’s finally admit it: #Cryptocurrency prices tanking from $64k around $30k was a buzz kill. For many traders, it was gut-wrenching and a cause of great trepidation. If you bought at the top, you’re officially down over 50 percent. Fret not. Crypto volatility is as...