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 Introduces HYPERUSDT Perpetual Swaps with 50x Leverage
BitMEX has launched HYPERUSDT perpetual swaps, providing traders with the opportunity to leverage up to 50x. This new listing aims to enhance trading options on the platform.
BitMEX Launches WCTUSDT Perpetual Swap with Up to 50x Leverage
BitMEX has introduced the WCTUSDT perpetual swap, offering traders the opportunity to leverage up to 50x. The new listing went live on April 22, 2025.
Understanding USDT and USDT0 on Sei Mainnet
Explore the differences between Kava USDT and USDT0 on Sei Mainnet, including interoperability, token backing, and best practices for integration.
BitMEX Launches BABYUSDT Perpetual Swaps with 50x Leverage
BitMEX introduces BABYUSDT perpetual swaps, offering traders up to 50x leverage. The new listing commenced trading on April 11, 2025, enhancing opportunities for crypto enthusiasts.
BitMEX to Launch BABYUSDT Perpetual Swap with 50x Leverage
BitMEX is set to introduce BABYUSDT perpetual swap trading with up to 50x leverage starting April 11, 2025, at 04:00 UTC, enhancing trading options for its users.
BitMEX Launches NILUSDT Perpetual Swaps with 50x Leverage
BitMEX introduces NILUSDT perpetual swaps, offering traders up to 50x leverage. This new listing enhances trading options on the platform.
BitMEX to Launch NILUSDT Perpetual Swap with 50x Leverage
BitMEX announces the introduction of NILUSDT perpetual swap listing, offering traders up to 50x leverage. The NIL token will be available for trading starting March 25, 2024.
BitMEX Launches TUTUSDT Perpetual Swap with 25x Leverage
BitMEX has introduced TUTUSDT perpetual swaps, allowing traders to leverage up to 25x. The contract became available for trading on March 19, 2025.
BitMEX Launches SHELLUSDT Perpetual Swap with 50x Leverage
BitMEX introduces SHELLUSDT perpetual swap, offering traders the ability to leverage up to 50x. The new listing allows for both long and short positions.
Tether Reports $13 Billion Profits and Record U.S. Treasury Holdings in 2024
Tether Holdings Limited announces $13 billion in profits for 2024, with record U.S. Treasury holdings and a substantial reserve buffer, according to their latest attestation report.