Home Tags Tether

Tag: Tether

Speculations surrounding the supposed influence of Tether in inflating the price of Bitcoin might have been put to rest by a recent academic study. Dr. Wang Chun Wei, an academician at the business school of the University of Queensland, Australia carried out the study and suggested that tether, the stablecoin...
A University of Berkeley professor has called out the flaws in stablecoins, in an op-ed published in The Guardian. In the critique, Prof. Barry Eichengreen claims stablecoins are not automatically "viable" just because they are pegged to a fiat currency. Taking a swipe at Bitcoin, the professor of economics said...
(A previous version of this article stated that eGold was forced to shut down due to bankruptcy. In truth, the company behind G&SR was allowed to continue operations but were denied the permits required to act as a money transmitter and had to cease P2P  transactions because of that.) eGold...
Tether have received a great deal of scrutiny for their flagship USDT product across the last 6-8 months, with many speculators expressing their belief that the company didn’t hold equivalent U.S. dollar reserves to match all of the Tether tokens in circulation. As is all too often the case...

The Rise Of Stablecoins

Stablecoins are increasingly growing in popularity and have been gaining traction since last year. However, it seems like most of the crypto audience is having a hard time understanding the concept of ‘stablecoins’. Nobody’s to blame for this mainly due to the fact that they are a pretty hard...