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 Simple Earn announces the launch of USDT locked products, providing an 8.23% fixed APR.
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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.
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BitMEX announces the listing of NOTUSDT perpetual swap with up to 10x leverage, promising a new trading avenue for traders.
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Binance has completed the integration of Kava's Ethereum Virtual Machine (EVM), now supporting deposits and withdrawals for KAVA and USDT.