Tag: Tether
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Tether Eyes the Gold Supply Chain: From Vaults to Mines
In a move that has surprised both the cryptocurrency and gold industries, Tether, the issuer of the world’s largest stablecoin (USDT), has begun holding discussions with mining and investment groups about investing across the entire gold supply chain. According to four people familiar with the recent talks, this potential strategy would encompass mining, refining, trading,…
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Tether SPA for Large, Private OTC Deals: Zero Counter-Party Risk with Escrow by World-Famous Texas Law Firm
In the world of high-stakes financial transactions, especially in the realm of over-the-counter (OTC) deals, trust and security are paramount. For buyers and sellers involved in private, large-scale transactions, the need for a secure, transparent, and risk-free platform cannot be overstated. Enter the Tether Special Purchase Agreement (SPA), a powerful tool designed to ensure seamless…
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Tether USDT Dominates Trade in the New BRICS Economic Bloc
As the BRICS alliance evolves into a formidable economic bloc—expanding its influence across Asia, Africa, South America, and the Middle East—one financial instrument has quietly become the backbone of cross-border trade: the Tether stablecoin (USDT). With nearly $200 billion in daily trade settlements, Tether now stands as the most actively used cryptocurrency in the world,…
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The Rising Dominance of Stablecoins in the Cryptocurrency Market
In the volatile world of cryptocurrencies, stablecoins have emerged as a beacon of stability, designed to offer the benefits of digital currency without the wild price swings associated with assets like Bitcoin and Ethereum. With a total market capitalization of approximately $136.60 billion, stablecoins now represent 7.61% of the entire cryptocurrency market cap. This remarkable…
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The World of Stable Coins and Crypto Tethering
Cryptocurrencies are known for their volatility, which makes them risky to use as a store of value or a means of exchange. However, stable coins and crypto tethering aim to address this issue by providing a stable value to users. In this blog post, we will explore some examples of crypto tethering and stable coins.…