Tether Updates Website, Says USDT Backed by “Reserves,” Not Just Cash Tether just updated its website to clarify that each of its USDT stablecoin tokens, which it used to claim were “always backed 1-to-1 with traditional currency,” are backed by assets other than fiat currency.

Tether just updated its website to clarify that each of its USDT tokens, which it used to claim were “always backed 1-to-1 with traditional currency,” are backed by assets other than fiat … Read More

Tether is back on Bitcoin – Lightning Dominance Is Just Starting The stablecoin issuer’s choice to bring USDT back to Bitcoin is a massive win for the Lightning Network and Joltz’s bet on Taproot Assets.

Earlier today at the Plan B Conference in El Salvador, Tether made an announcement that has been years in the making. USDT is back on Bitcoin using Taproot Assets. The next … Read More