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Tether (often referred to by its currency codes, USD₮ and USDT, among others) is a cryptocurrency stablecoin launched by Tether Limited Inc. in 2014. [ 3 ] [ 4 ] It is pegged to the United States dollar , and is distinct from a central bank digital currency (CBDC).
Tether’s USDT and Circle’s USDC, the two largest stablecoins, collectively account for more than $167 billion in market cap. Issuers of fiat-backed stablecoins often establish a reserve fund ...
A stablecoin is a type of cryptocurrency where the value of the digital asset is supposed to be pegged to a reference asset, which is either fiat money, exchange-traded commodities (such as precious metals or industrial metals), or another cryptocurrency.
USD Coin (USDC) is a cryptocurrency stablecoin [1] which is issued by Circle. It is pegged to the United States dollar , and is distinct from a central bank digital currency (CBDC). [ 2 ]
Stablecoin Tether's recent growth is being driven by its use as an alternative to the U.S. dollar in emerging markets, rather than by demand for cryptocurrency trading, Tether CEO Paolo Ardoino ...
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On Friday, Ripple began testing its stablecoin on the company’s own blockchain, XRP Ledger, and Ethereum. The crypto firm first announced its plans to launch a U.S. dollar-pegged cryptocurrency ...
<date to be formatted> is an (optional) date to be formatted. If no date is specified, the template emits the current date. For example, {{date}} produces 17 December 2024. To avoid emitting the current date if none is input, use Template:fdate. If a date is provided, but is not recognized as one, the text is just returned as is. Most dates ...