Tether Operations Limited (Tether), a company behind the widely used stablecoin, is thrilled to partner with BingX in listing Euro Tether (EUR₮) and Tether Gold (XAU₮) on the platform. Paolo Ardoino, CTO at Tether, expressed his excitement, stating, "We are delighted that BingX has chosen to offer users across the world access to digital assets backed by the Euro and physical gold. This partnership underscores our... Source: 9 months ago
1 June, 2023 – Tether, the company operating the blockchain-enabled platform tether.to that powers the first and most widely used stablecoin, has surpassed its previous all-time market cap high of $83.2B set in May 2022. Source: 11 months ago
Except according to Tether, "All Tether tokens (USD₮) are pegged at 1-to-1 with a matching fiat currency and are backed 100% by Tether's reserves." [0] https://tether.to But other than that, yeah. - Source: Hacker News / over 1 year ago
Tether Operations Limited (Tether), the company operating the blockchain-enabled platform tether.to that powers the first and most widely used stablecoin, and the Swiss city of Lugano announced today that the second annual Plan ₿ forum has been scheduled and will be held on Friday, October 20 through Saturday, October 21, 2023. The announcement comes just weeks after the conclusion of the massively successful,... Source: over 1 year ago
USDT is trust based IOU dollar token by https://tether.to, which has tokens on many networks. Source: over 1 year ago
On the other hand, Paolo Ardoino, CTO at tether.to , said:. Source: over 1 year ago
Tether (USDT) was launched in 2014 and became the first stablecoin to gain significant traction in the crypto space. Every USDT is 1:1 backed by $1 of cash or cash equivalents (of varying convertibility), held by the issuing company, which is based in Hong Kong. Today, Tether is the most popular stablecoin and is widely supported by exchanges, with a supply of around 70 billion USDT and trading volumes of $50... Source: over 1 year ago
Good thread, has some really good thoughts! From what I've learned - all that is only a serious problem, if people redeem USDT to USD (via tether.to). But who does it? Not the average joe.. Source: almost 2 years ago
To: Logo: https://s2.coinmarketcap.com/static/img/coins/64x64/825.png Name: Tether Symbol: USDT Date Launched: 2015-08-07 Website: https://tether.to Description: Tether (USDT) is a cryptocurrency and operates on the Ethereum platform. Tether has a current supply of 79,713,622,661.46199 with 72,538,449,554.04729 in circulation. The last known price of Tether is 0.99928115 USD and is down -0.01 over the last 24... Source: almost 2 years ago
> verified users can redeem USDT for USD 1:1 at https://tether.to This has been debunked for a while already, nobody believes that anymore. - Source: Hacker News / almost 2 years ago
Tether's claim is that verified users can redeem USDT for USD 1:1 at https://tether.to/. Exchanges like Kraken are secondary markets and Tether does not claim anything about them. - Source: Hacker News / almost 2 years ago
You can redeem Tether at tether.to for $1. What happened at 0.95 is the whales just bought tons of USDT on the market and redeemed for an instant 5% gain. On $100M that's $5M for free. More than most will make in their lifetimes off a single trade with minimal risk. Source: almost 2 years ago
We are honouring USDt redemptions at 1$ via http://tether.to until we can't anymore. Source: almost 2 years ago
Note that while it's a good proxy this isn't same as going to the issuer (https://tether.to) and getting 1USD in exchange for 1USDT. Tether is still honouring 1-1 conversion for a minimum of $100K. - Source: Hacker News / almost 2 years ago
Reminder that tether is honouring USDt redemptions at 1$ via http://tether.to . - Source: Hacker News / almost 2 years ago
They got scrolling list of exchanges on their website https://tether.to/ Possibly a web page with the list there somewhere. Source: about 2 years ago
I havent used tether.to, but those minimum amounts seem pretty high. Does Binance do P2P that would be cheaper or more trustworthy? Source: about 2 years ago
Is there an url where I can directly report such scam accounts, or do I have to go to tether.to and send them a contact email? Source: over 2 years ago
Which is currently stated on the front page of their website. The issue for me here is that their claims for fiat backing have changed substantially and that there is an overall lack in transparency into their financials. The only financials I've seen released is an attestation from Moore Cayman, some firm based in the Cayman Islands (sus), stating that only 10% of Tether tokens are backed by cash as of Sept. 30th. Source: over 2 years ago
If nobody has done the digging, here is the tracking info. If you need more detail tracking, I can provide you necessary info. Almost all your said account money went to https://tether.to/ account wallet(s) when I tracked it down. You might be able to track the person because https://tether.to/ requires KYC. Only $57,041.00 left in the 0x3bdb72d2ac3cb9f89eefc93874270fce9e3112a9 public wallet that you can see. Source: over 2 years ago
It's up for me. https://tether.to/. Source: almost 3 years ago
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