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usdt
USDT stands for Tether, which is a type of cryptocurrency known as a stablecoin. It is pegged to the value of a fiat currency, most commonly the US dollar, meaning one USDT is intended to maintain a value of approximately one USD. This stability is achieved by Tether Ltd. holding reserves of traditional currency and other assets to back the USDT tokens in circulation.
Tether Adds $97 Million in Bitcoin, Expanding Its Holdings to 87 000 BTC
Stablecoin issuer Tether has made another major Bitcoin purchase, acquiring 961 BTC worth approximately $97.3 million. This marks the company’s first large-scale acquisition since September and further solidifies its...
JPYC Launches Japan’s First Yen-Pegged Stablecoin Amid Global Race
Tokyo-based fintech company JPYC has introduced the first yen-backed stablecoin in Japan, marking a major step in the country’s digital-currency evolution. The launch reflects Japan’s growing participation in the global...
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