Stablecoin holders, however, have flocked to USDT during this turbulent period due to its perceived safety from U.S.
regulators and banks, propelling its market share to its“Tether’s rise suggests peg stability is far more important for most stablecoin holders than issuer transparency,” Conor Ryder, an analyst at digital asset research firm Kaiko, noted in a
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What Is Tether? The Company Behind USDT | CoinMarketCapTether (USDT) is the OG stablecoin that started it all. This report looks into how that happened: 🔹 Tether’s recent announcement that it is buying Bitcoin. 🔹 Tether’s company structure. 🔹 Tether’s reserves and revenues.
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