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.
BitMEX Lowers Margin Requirements for SOLUSDT Trading
BitMEX has reduced the Base Initial and Maintenance Margin requirements for SOLUSDT, effective January 21, 2025, impacting new and existing positions.
BitMEX Launches MELANIAUSDT Trading with $10,000 Prize Pool
BitMEX introduces the MELANIAUSDT perpetual contract with 25x leverage, offering traders a chance to win a share of a $10,000 prize pool.
BitMEX to Launch SUSDT Perpetual Swap with 20x Leverage
BitMEX will introduce the SUSDT perpetual swap with up to 20x leverage on January 22, 2025, supporting the Fantom to Sonic migration.
BitMEX Launches USUALUSDT Perpetual Swap with 50X Leverage
BitMEX has introduced a new USUALUSDT perpetual swap, allowing traders to leverage up to 50 times. The listing is now live for trading.
BitMEX to Launch USUALUSDT Perpetual Swap with 50x Leverage
BitMEX announces the upcoming listing of USUALUSDT perpetual swaps, offering traders up to 50x leverage. The new trading pair will be available on December 19, 2024.
BitMEX to Launch PENGUUSDT Perpetual Swaps with 50x Leverage
BitMEX announces the listing of PENGUUSDT perpetual swaps, offering traders up to 50x leverage. The new listing will be available starting December 18, 2024.
BitMEX Launches VELOUSDT Perpetual Swap with 50x Leverage
BitMEX has announced the launch of VELOUSDT perpetual swap, offering traders up to 50x leverage. The listing went live on December 16, 2024, enhancing trading options on the platform.
BitMEX to Launch VELOUSDT Perpetual Swaps with 50x Leverage
BitMEX announces the launch of VELOUSDT perpetual swaps, offering traders up to 50x leverage. The new listing will be available from December 16, 2024.
BitMEX to Launch MEUSDT Perpetual Swap with 50x Leverage
BitMEX announces the upcoming launch of MEUSDT perpetual swaps, allowing traders to leverage up to 50x on the Magic Eden token starting December 11, 2024.
BitMEX Launches MEUSDT Perpetual Swaps with Up to 50x Leverage
BitMEX has introduced the MEUSDT perpetual swap, allowing users to trade the Magic Eden token with leverage up to 50x. The listing started on December 11, 2024.