USDT
Tether Claims 'Coordinated' Conspiracy Is Trying to Take It Down
The top stablecoin claimed rumors about its reserves are being spread in an attempt to generate profits from a failing Tether by "coordinated" funds.
Russians Are Buying More Crypto as Sanctions Set In, Data Shows
Trade volume in Russian rubles for a stablecoin pegged to the U.S. dollar spiked on Monday, as Russian citizens face financial sanctions.
Cryptocurrency That Claimed to Be Backed by Cash No Longer Solely Backed by Cash
Tether said its USDT token was 'backed 1-to-1 by traditional currency' but now adds cash equivalents, receivables from loans, and other assets to its reserves.
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