why is tether not standard

Last Updated on March 28, 2024 by Paganoto

The Tether controversy, explained – The Verge

The Tether controversy, explained – The Verge

Right now, there’s no standardized way for stablecoins to disclose the assets that back them. It seems like an obvious target for regulators …

What Tether Means When It Says It's 'Regulated' – CoinDesk

What Tether Means When It Says It's 'Regulated' – CoinDesk

Representatives say the $25B stablecoin is “regulated” but the issuer doesn’t look like a financial institution bound by norms and laws.

What Is Tether? How USDT Works and What Backs Its Value

What Is Tether? How USDT Works and What Backs Its Value

USDT is not mined and it is not decentralized. It has a central entity, the company Tether, that issues (mints) and destroys (burns) USDT tokens …

Anyone Seen Tether's Billions? – Bloomberg.com

Anyone Seen Tether's Billions? – Bloomberg.com

Tether is what’s come to be known in financial circles as a stablecoin—stable because one Tether is supposed to be backed by one dollar. But …

Tether: The Coin That Could Wreck Crypto

Tether: The Coin That Could Wreck Crypto

Even by crypto’s often-surreal standards, Tether has a peculiar history. The company was founded in 2014 by Brock Pierce, a cryptocurrency …

What Is Tether? How Does It Work? – Forbes

What Is Tether? How Does It Work? – Forbes

Tether is a centralized crypto, whereas Bitcoin is decentralized by not being linked to any real-world currencies. For that reason, in theory, …

Tether's Disclosures Make The Case For Crypto Specific …

Tether's Disclosures Make The Case For Crypto Specific …

Based on the disclosure recently published by Tether this is not the case, which leads to an additional issue worthy of examination. Regulators …

US fines company behind tether (USDT) for lying about reserves

US fines company behind tether (USDT) for lying about reserves

But stablecoins are mostly unregulated, meaning that consumers have no guarantee that the company issuing the currency has appropriate reserves.

Tether (USDT) Definition – Investopedia

Tether (USDT) Definition – Investopedia

Yes, Tether is the first and best-known stablecoin in the crypto world. Other stablecoins include True USD (TUSD), Paxos Standard (PAX), and USD Coin (USDC).

Tether is setting a New Standard for Transparency, that is …

Tether is setting a New Standard for Transparency, that is …

“Tether’s claims that its virtual currency was fully backed by U.S. dollars at all times was a lie.