Tag: tether usdt

May 19 2022

Tether (USDT) Supply Plummets To $74 Bln, Will It Crack Under Pressure?

May 19 2022 Published at Coingape under tags  tether usdt uncategorized ust de-peg

Tether (USDT), the world's largest stablecoin, saw its total supply fall sharply this month as more investors traded the token in for dollars. The trend comes in the wake of one of the worst crypto crashes seen in recent times. Concerns over Terra's UST had also seen USDT briefly de-peg to $0.95- its lowest level...

May 15 2022

Which Stablecoins are the Safest?

The UST Depegging. It is by far, the biggest story in crypto right now. As we are preparing this for you it says 20 cents. And it’s supposed to say $1. UST broke its peg and we will have more details about that in the coming days....

May 12 2022

Is Tether (USDT) Following Terra’s UST In Losing Its Dollar Peg?

May 12 2022 Published at Coingape under tags  news tether fud tether usdt

Tether (USDT), the world's largest stablecoin, appears to be under extreme liquidation pressure amid the ongoing crypto crash. The token is down 4.8% to 0.9508- its lowest level since the 2017 crypto crash. This drop is highly uncharacteristic, given that the token is required to maintain a 1:1 peg against the U.S. dollar. Investors are...

Apr 07 2022

Crypto Whales Accumulating Stablecoins; Is This A “Buy The Dip” Opportunity?

Crypto whales appeared to be positioning to buy into a cheaper market, data showed. A recent drop in crypto prices saw a corresponding rise in stablecoin buying by whales. Stablecoins such as Tether (USDT), USD Coin (USDC) and DAI are commonly used to facilitate crypto buying. A trader exchanges fiat for stablecoins on an exchange,...

Mar 22 2022

What Is the Stablecoin Supply Ratio (SSR)?

Stablecoins have something great about them. Right, they are stable! Therefore, they are an ideal asset on a crypto exchange. When a cryptocurrency is volatile, quickly swap to a stablecoin. On the other hand, many traders always keep a stash of stablecoins on an exchange. When a good deal is available, they can strike instantly. However, there is more to a stablecoin than...

Jan 26 2022

Frapped Tokens Increase DeFi Liquidity

Jan 26 2022 Published at Altcoin Buzz under tags  defi tether tether usdt

Many of us who invest with DeFi are familiar with Wrapped tokens. And two wrapped tokens, Wrapped BTC and Lido Staked Ether are in the top 35 market value of all crypto projects. So we know they are popular and they work. Less well-known are Frapped tokens. Have you ever heard of Frapped tokens before? Most of us haven't. Usually,...

Jan 14 2022

Messari Report 2021: Stablecoins

The crypto dollar market was insane in the past two years, and it shows no signs of slowing down. Thanks to the DeFi boom, we saw that Tether’s supply increased 4x, USDC’s by 6x, and PAX by 5x. Furthermore, DAI crossed the $1 billion threshold. The growth of different types of stablecoins creates tradeoffs in terms of: Availability Stability Censorship resistance Below, we...

Dec 13 2021

Breaking: Myanmar’s Shadow Government Makes Tether’s USDT an “Official” Currency

Dec 13 2021 Published at Coingape under tags  blockchain news btcbrl btcbusd btcdai btceur

Myanmar's parallel govenment called the National Unity Government (NGU), led by the supporters of Aung San Suu Kyi has declared...

Aug 09 2021

Feb 24 2021

Bitcoin (BTC) Back Above $50K As Purpose Bitcoin ETF & Square Inc Buy The Dips

Feb 24 2021 Published at Coingape under tags  bitcoin news bitfinex btcbrl btcbusd btcdai

After tanking sub $46,000 levels on Tuesday, February 23, Bitcoin (BTC) has registered a strong 10% pullback and is once again above $50,000. It turns out big market players have been once again buying the Bitcoin (BTC) dips...

Feb 06 2021

Tether (USDT) Treasury Prints Another $500 Million USDT as Bitcoin Price Breach $40k

Feb 06 2021 Published at Coingape under tags  bitcoin bitcoin news btcbrl btcbusd btcdai

Tether Treasury has just printed another $500 million USDT raising eyebrows as only yesterday Bitfinex reported that they have to repair the remaining $550 million to Tether Treasury from the $900 million 'apparent' loan...

Jan 19 2021

100 M USDT Moved From Tether [USDT] Treasury, Analyst Peter Brandt Casts Doubts Over Tether & BTC Pumps

Jan 19 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

100 Million Tether [USDT] were recently moved from Tether treasury to an unknown wallet and it was followed by a decent pump in Bitcoin price, reaching a local high of $39,833 at the time of reporting. Is it just a coincidence? Many...

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