Tether
What is tokenised gold, and why is it taking off in Asia?
Market watchers note that Singapore’s banks have taken a more measured approach towards tokenised gold offerings for retail investors
Tether’s annual profit drops 23% in midst of fundraising
USDT is the largest stablecoin, with over US$185 billion in circulation
Tether is shaking up the gold market with massive metal hoard
The company makes money from its dollar stablecoin that is the giant of the sector, with US$186 billion in circulation
Tether returns to US market with launch of USAT stablecoin
Stablecoins are cryptocurrencies meant to maintain a steady value, typically pegged to the US dollar through reserves of cash or other asset
Tether says it bought 27 tonnes of gold in fourth quarter
The crypto company XAUT stablecoin is fully backed by the precious metal
Crypto firm Tether bids for Juventus, is quickly rebuffed
The cryptocurrency firm controls USDT, a popular stablecoin
Tether stablecoin stability rating reduced to ‘weak’ at S&P
A crash in Bitcoin’s price this month has left the asset on track for its worst monthly performance
Crypto giant Tether seeks US$500 billion valuation in major raise
The El Salvador-based company has made a fortune by parking the reserves that back its token in cash-like assets, including US Treasuries, and earning interest
Tether focuses elsewhere while US seeks to regulate stablecoins
The company has had several clashes with state and federal authorities over the years
Tether engages ‘Big Four’ firm for long-awaited reserve audit
An audit would help Tether improve the transparency of its reserves, which are currently subject to quarterly reports but not a full audit