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 Delists MATICUSDT and MATIC/USDT Amid Polygon Migration
BitMEX delists MATICUSDT and MATIC/USDT pairs following the MATIC to POL migration on Polygon.
BitMEX Introduces Fair Price Marking for DOGSUSDTQ24
BitMEX has updated the Mark Method for DOGSUSDTQ24 to Fair Price marking, effective August 27, 2024, enhancing price accuracy.
BitMEX Lists DOGSUSDT Perpetual Swap with Up to 10x Leverage
BitMEX announces the listing of DOGSUSDT perpetual swap, offering up to 10x leverage for traders.
Tether (USDT) Assists U.S. DOJ in Seizing $5 Million from Fraud Scheme
Tether aids the U.S. Department of Justice in seizing $5 million in USDT from a fraudulent scheme, reinforcing its commitment to combating illicit activities.
BitMEX Lists SUNDOGUSDT Perpetual Swap with 50x Leverage
BitMEX has launched the SUNDOGUSDT perpetual swap, offering traders up to 50x leverage on the new listing.
BitMEX to Launch SUNDOGUSDT Perpetual Contract with 50x Leverage
BitMEX will list the new SUNDOGUSDT perpetual contract, offering up to 50x leverage, on 23 August 2024 at 04:00 UTC.
Binance Futures Introduces USDⓈ-Margined SYS Perpetual Contract with Up to 50x Leverage
Binance Futures will launch the SYSUSDT Perpetual Contract with up to 50x leverage, starting August 19, 2024, at 12:30 (UTC).
BitMEX Launches TONUSDT Perpetual Swap with 10x Leverage
BitMEX has announced the listing of TONUSDT perpetual swap, offering traders up to 10x leverage. The new listing is now live on the platform.
Binance Futures to Introduce USDⓈ-Margined SYN Perpetual Contract with 50x Leverage
Binance Futures will launch the SYNUSDT Perpetual Contract on August 16, 2024, offering up to 50x leverage to enhance trading options.
BitMEX Lists BANANAUSDT Perpetual Swap with Up to 10x Leverage
BitMEX has launched the BANANAUSDT perpetual swap, allowing traders to leverage up to 10x. Trading began on August 16, 2024.