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Nalezeno "Tether": 2013

USDD vs UST: Is Justin Sun's New Stablecoin Just a Clone of UST?


  UST, a stablecoin that's supposed to maintain a price peg with the US dollar 1:1, spiraled out of control to reach as low as USD 0.10 this month. Following the momentous rise of UST in just a few months, only a few predicted its monumental crash, especially with the dominance stablecoins were...

Tether is Fully Backed, Always Redeemable for USD 1 , Co-Founder Says


  “I strongly believe that [tether] is fully backed, and you will never have any issues redeeming it,” Tether co-founder and BLOCKv CEO Reeve Collins has said. Speaking in an interview with CNBC on Monday, Collins said that the popular stablecoin tether (USDT) is “still backed 1:1” by reserves...

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