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 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.
Binance Futures Introduces LOKAUSDT Perpetual Contract with 75x Leverage
Binance Futures will launch the USDⓈ-Margined LOKAUSDT Perpetual Contract with up to 75x leverage, enhancing trading options.
Binance Futures to Launch USDⓈ-Margined GHSTUSDT Perpetual Contract with 75x Leverage
Binance Futures is set to launch a GHSTUSDT perpetual contract with up to 75x leverage, expanding trading options for users.
BitMEX Implements Fair Price Marking for CATIUSDTU24
BitMEX announces the transition to Fair Price marking for CATIUSDTU24 as of September 23, 2024, enhancing price stability.
BitMEX Introduces CATIUSDT Perpetual Swap with Up to 50x Leverage
BitMEX launches CATIUSDT perpetual swap, offering traders the ability to long or short CATI with up to 50x leverage.
BitMEX Introduces CATIUSDT Perpetual Swap with Up to 50x Leverage
BitMEX announces the listing of CATIUSDT perpetual swaps, offering traders up to 50x leverage starting September 23, 2024.
Binance Futures Unveils USDⓈ-Margined FIDA/USDT Perpetual Contract with 75x Leverage
Binance Futures is set to launch a USDⓈ-Margined FIDA/USDT Perpetual Contract with up to 75x leverage, enhancing trading options and user experience.
Tether (USDT) Strengthens Financial Transparency and Law Enforcement Collaboration
Tether (USDT) bolsters financial transparency and law enforcement collaboration, enhancing global financial inclusion and security.
Binance Futures to Introduce KDAUSDT Perpetual Contract with 75x Leverage
Binance Futures will launch the KDAUSDT Perpetual Contract with up to 75x leverage on September 18, 2024, enhancing trading options.