USDT

USDT is a stablecoin, a type of cryptocurrency whose value is pegged to a fiat currency, such as the US dollar, to maintain a stable price. It is issued by Tether and is used as a medium of exchange and store of value in the cryptocurrency market.

Why it’s in the news: It is in the news due to its integration with Bitcoin, a potential security vulnerability, its role in market signals, legal disputes, and adoption by traditional financial institutions.

Latest on USDT

• Tether's USDT is 'coming home' to Bitcoin after more than a decade
• A two-key breach could hand control of $91 billion in USDT to hackers, report finds
• Bitcoin’s fabled golden cross is coming. And USDT may be the real signal this time
• Lawsuit challenges Tether for allegedly freezing $42.4 million USDT before U.S. warrant
• Sberbank plans to add ether and USDT as collateral for crypto-backed loans: Report
• Tether says it completed long-promised 'Big Four' audit of finances behind $180 billion USDT stablecoin

Connections

8 entities linked to USDT across the news graph.