Tag: USDT

Argentina struggles with one of the worst inflation rates on the planet, at 109%. Her citizens are in need of a hedge.

Tether withdrew roughly $5 billion from banks in Q1 2023 after observing competitors’ woes amid the U.S. banking crisis.

The attorney said Tether’s reserves are “unaudited, unconfirmed and therefore dubious.”

John Reed Stark, a former U.S. Securities and Exchange Commission (SEC) lawyer, has raised serious concerns about the popular cryptocurrency Tether, accusing it of being a “counterfeiter.”

Tether (USDT), the world’s largest stablecoin by market capitalization, was one of the dollar-pegged cryptocurrencies to have been affected by the collapse of the Terra ecosystem. Now – a year…

One former SEC official has denounced the stablecoin Tether as a “mammoth house of cards” in light of patterns of behavior that raise concerns about its reserves and reporting.

The world’s leading stablecoin issuer Tether claims that its excess USDT reserves have reached an all-time high.

Former U.S. Securities and Exchange Commission (SEC) official John Reed Stark urged U.S. financial regulators to ban crypto firms from offering Tether USDT, describing the firm as a “mammoth house…

Stablecoin Tether’s reserves were worth $81.8 billion at the end of the first quarter, according to a reserves attestation on Wednesday, up around $14.8 billion from the previous quarter.

Tether released its latest attestation report on Thursday, reporting a “net profit” of $1.48 billion in the first quarter of 2023.