Tether Tokens are assets that move across a blockchain just as easily as other digital currencies but that are pegged to real-world currencies on a 1-to-1 basis. Tether Tokens are referred to as stablecoins because they offer price stability as they are pegged to a fiat currency.

Tether (often referred to by its currency codes, USD₮ and USDT, among others) is a cryptocurrency stablecoin launched by Tether Limited Inc. in 2014. [3] [4] As of August 1, 2024, Tether reported having $118.4 billion in reserves, including $5.3 billion in excess reserves.

3 days ago · Q4 also saw the issuance of over $23 billion in USD₮, contributing to a total issuance of $45 billion for 2024 which represents almost the entire market cap of the second largest stablecoin, a number that on its own demonstrates why USD₮ is the most widely accepted and used stablecoin globally. Tether achieved these milestones while ...

2 days ago · Tether Holdings Ltd., the stablecoin issuer that was pulled into the spotlight this week during the confirmation hearing for Donald Trump’s pick to run the Commerce Department, said it made an ...

3 days ago · San Salvador — Tether, the crypto company behind the largest stablecoin, is introducing its $140 billion USDT token to Bitcoin — the blockchain that underpins the largest and oldest ...

3 days ago · Tether, the world’s largest stablecoin issuer, reported over $13 billion in profit for 2024 on Friday, marking a groundbreaking milestone for the crypto firm.. In just a year, Tether has apparently managed to more than double its then-astonishing 2023 profit of $6.2 billion. For context, the upstart crypto company’s profitability is now within striking distance of some of …

Aug 15, 2023 · Tether (USDT) is the largest stablecoin by market capitalization. Crypto traders use stablecoins like Tether to make transfers between different cryptocurrencies or to move their investments...

Oct 7, 2024 · Since its inception in 2014, Tether has revolutionized finance by introducing the world’s first stablecoin, bridging traditional currencies and the rapidly growing digital asset market.

Mar 10, 2024 · USDT is the symbol for Tether, a cryptocurrency that is pegged to the U.S. dollar. This means USDT is a stablecoin, fluctuating in value with the U.S. dollar and backed by Tether's dollar...

1 day ago · On Jan 30, 2025, at the inaugural PlanB Forum in El Salvador, during a fireside chat with Tether CEO Paolo Ardoino and CEO of Lightning Labs, Elizabeth Stark, Tether announced it is bringing USDT ...