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 Adjusts Tick Size for New ETHUSDT Options Contracts
Binance will modify the tick size for new ETHUSDT options contracts to enhance market liquidity and trading experience, effective from October 16, 2024.
Binance Launches Futures Traders League with 7 Million USDT Prize Pool
Binance Futures introduces the Futures Traders League, offering a prize pool of up to 7 million USDT in rewards. The event features Solo and Team Competitions and exclusive VIP merchandise.
BitMEX Introduces MOODENGUSDT Perpetual Swap with 50x Leverage
BitMEX is set to launch MOODENGUSDT perpetual swaps, offering traders up to 50x leverage on the Solana memecoin MOODENG. Trading begins on October 4, 2024.
BitMEX Launches EIGENUSDT Perpetual Swap with Up to 50x Leverage
BitMEX introduces EIGENUSDT perpetual swaps, offering traders the ability to long or short EIGEN with up to 50x leverage, starting 2 October 2024.
BitMEX Adjusts Minimum Price Increment for HMSTRUSDT
BitMEX announces a reduction in the Minimum Price Increment for HMSTRUSDT, effective from October 2, 2024.
Binance Futures Introduces DIAUSDT Perpetual Contract with 75x Leverage
Binance Futures expands its offerings with the DIAUSDT Perpetual Contract, providing up to 75x leverage for traders.
BitMEX to List EIGENUSDT Perpetual Swap with 50x Leverage
BitMEX announces the upcoming listing of EIGENUSDT perpetual swap with up to 50x leverage, starting October 2, 2024.
Binance Futures Introduces COSUSDT Perpetual Contract with 75x Leverage
Binance Futures is set to launch the COSUSDT Perpetual Contract with up to 75x leverage on September 30, 2024, enhancing trading options for users.
BitMEX Updates Mark Method for HMSTRUSDTU24 to Fair Price Marking
BitMEX has updated the Mark Method for HMSTRUSDTU24 to Fair Price marking, enhancing index robustness and removing price protections.
Binance Futures to Launch USDⓈ-Margined REIUSDT Perpetual Contract with 75x Leverage
Binance Futures will introduce the USDⓈ-Margined REIUSDT Perpetual Contract with up to 75x leverage, aiming to expand trading options and enhance user experience.