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Tether’s emergence as a key liquidity provider in crypto markets


When an investment can be quickly and easily traded for other assets – typically cash – without affecting its value, it is said to be liquid. In contrast to liquid assets, which can be more difficult to trade because of a lack of market participants or other circumstances, highly liquid...

Bitz casino announced USDT coin as a new payment method


Bitz casino, the colossus of the online gambling arena, has just done something so revolutionary that it’s right up there with the wheel’s invention: they’re now accepting USDT (Tether) coin. Yes, in a move that’s sure to have historians reeling for millennia, Bitz enhances...

Innovations in digital wallet technology: Enhancing Tether accessibility


Digital wallets have completely changed how we manage and spend money in today’s digital world. These online wallets allow users to securely store, send, and receive cryptocurrencies. Among these digital currencies, Tether is a very important stablecoin pegged to the value of traditional fiat...

Celo Adds Tether’s USDT as Gas Currency


Celo, a low-fee, usability-focused blockchain, has approved using Tether’s USDT, a dollar-pegged stablecoin, to pay transaction fees. The passed governance proposal stated this functionality would simplify the transaction experience for users, who only need to hold the USDT stablecoin...

KuCoin announces the launch of USDT-Margined W Contract


KuCoin has launched the USDT-Margined W (Wormhole) Contract to support 1-50x leverage. The smart contract has no expiration time, and every contract is worth 0.001 BTC. For reference, a single BTC is listed at $66,388.50 at the time of drafting this article. The contract is quoted and settled...

Stablecoin Issuer Tether Completes SOC 2 Type 1 Audit


Tether, the USDT stablecoin issuer, announced on April 1 that it had completed the System and Organization Controls (SOC) 2 Type 1 Audit, the highest level of security compliance achievable. Tether stated that the audit’s completion demonstrates the robust information technology control...

Tether strengthens security commitment with successful SOC 2 Type 1 Audit


Tether successfully goes through the System Organization Control (SOC) Audit Type 1, turning it into a complete safety compliance business. Though it is the first stage, it speaks volumes about the attitude of the company towards safety issues. The audit comes under the gold standard category...

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