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.
Binance Introduces USDT/COP Spot Trading Pair with Algo Trading Bots
Binance expands trading options with USDT/COP pair and Algo Trading Bots.
IntoTheBlock Analyzes USDT Across Various Blockchain Deployments
IntoTheBlock unveils a new dashboard that analyzes the use of USDT across different blockchain platforms.
Binance Launches USDT Locked Products Offering an 8.23% Fixed APR
Binance Simple Earn announces the launch of USDT locked products, providing an 8.23% fixed APR.
BitMEX Introduces Change of Mark Method for NOTUSDTK24
BitMEX announces the change of Mark Method for NOTUSDTK24 to Fair Price marking.
BitMEX Launches NOTUSDT Perpetual Swap with 10x Leverage
BitMEX introduced NOTUSDT perpetual swap, offering up to 10x leverage to traders.
BitMEX to List NOTUSDT Perpetual Swap with 10x Leverage
BitMEX announces the listing of NOTUSDT perpetual swap with up to 10x leverage, promising a new trading avenue for traders.
Binance Announces Successful Integration of Kava EVM
Binance has completed the integration of Kava's Ethereum Virtual Machine (EVM), now supporting deposits and withdrawals for KAVA and USDT.
Binance Launches VIP Margin Trading Promo with USDT and Apple Vision Pro Rewards
Binance introduces a VIP Margin Trading Promotion offering up to 5,000 USDT, an Apple Vision Pro, and exclusive event invites for increasing trade volume.
Binance P2P Introduces Flat Taker Fee on USDT Trades in Select Markets
Binance P2P platform announces the implementation of a flat taker fee for USDT trading pairs across selected fiat markets, set to take effect by end of June 2024.
Binance Launches Futures NEXT: Predict Token Listings and Earn Rewards
Binance introduces Futures NEXT, a platform allowing users to predict token listings on USD‚ìà-M Futures market and earn rewards through a unique Pick system and multiplier-based vouchers.