The stablecoin giant has heaps of gold and has invested in a wide range of P2P technologies.
Tether is the most traded stablecoin on the market, but investors should be mindful of transparency. Tether Limited, the issuer of USDT, has faced long-running scrutiny over transparency, since 2017.
Tether tops 500 million users as USDT grows through market stress, raising fresh questions about dominance and peg risk.
The comments followed S&P's downgrade of USDt's ability to maintain its peg, which cited Tether's Bitcoin and gold reserves as a concern. Tether CEO Paolo Ardoino and market analysts pushed back ...
A Fortune deep dive into Tether makes clear that stablecoins are shifting from crypto curiosity to core infrastructure.