USDT
Description
USDT (a.k.a. Tether) is the cryptocurrency version or form of USD dollar issued by Tether Limited.
In the current monetary system, currency issuance is solely controlled by central banks. USDT claims to be backed by the reserve of US dollar. However, if the USDT is not fully backed, this can induce credit risks. For users, if their accounts of USDT are not regulated, this can lead to a loss of user's protection as well.
In the exclusive interview with BitFinex, Paolo Ardoino, CTO of Tether Limited explains his journey in USDT.
USDT (a.k.a. Tether) is the cryptocurrency version or form of USD dollar issued by Tether Limited.
In the current monetary system, currency issuance is solely controlled by central banks. USDT claims to be backed by the reserve of US dollar. However, if the USDT is not fully backed, this can induce credit risks. For users, if their accounts of USDT are not regulated, this can lead to a loss of user's protection as well.
In the exclusive interview with BitFinex, Paolo Ardoino, CTO of Tether Limited explains his journey in USDT.
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Binance Futures announces a Grand Tournament with up to 3M USDT in rewards, featuring team and solo competitions.
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BitMEX updates IOUSDTM24 contract to Fair Price marking as of June 12, 2024.
BitMEX Lists New IOUSDT (IO/USDT) Perpetual Swap with 10x Leverage
BitMEX introduces IOUSDT perpetual swap with up to 10x leverage.
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BitMEX announces IOUSDT perpetual swap listing with up to 10x leverage starting June 12, 2024.
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BitMEX transitions TKOUSDTZ24 to Fair Price marking from June 6, integrating a robust index.
Tether Invests $18.75M in XREX Group to Enhance Financial Inclusion
Tether invests $18.75M in XREX Group to drive financial inclusion in emerging markets.
BitMEX to List TAIKOUSDT (TAIKO/USDT) Perpetual Swap with 10x Leverage
BitMEX announces the listing of TAIKOUSDT perpetual swap with up to 10x leverage.
OKX Introduces Simple Earn Fixed Product for Crypto Users
OKX unveils its Simple Earn Fixed product, available from May 30, 2024, supporting USDT, USDC, BTC, and ETH.
Binance to Reward New Users with 15,000 USDT in Token Vouchers
Binance offers 15,000 USDT in token vouchers for new users via 'Buy Crypto' feature.
