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  2. Tether (cryptocurrency) - Wikipedia

    en.wikipedia.org/wiki/Tether_(cryptocurrency)

    Tether Limited also disclosed a net equity of $11.9 billion, and the stablecoin's market capitalization exceeded $114 billion. [5] [6] Tether faces criticism regarding the transparency and verifiability of its claimed fiat reserves. [7] Tether is the largest cryptocurrency in terms of trading volume, holding 70% of the market share among ...

  3. World’s 6 largest stablecoins: Top cryptocurrencies that ...

    www.aol.com/finance/world-6-largest-stablecoins...

    The crash of Terra’s UST, the third-largest stablecoin at the time, triggered a wave of panic selling that briefly broke Tether’s peg, dropping its value to 92 cents on some exchanges.

  4. Tether CEO says he sees no indication of US probe - AOL

    www.aol.com/news/tether-ceo-denies-probe-u...

    Tether is the world's largest stablecoin, a type of cryptocurrency designed to hold a fixed value over time. ... The crypto firm has been under investigation for years in connection with potential ...

  5. Tether was an outlaw for years. Now the $132 billion ... - AOL

    www.aol.com/finance/tether-outlaw-years-now-132...

    Lutnick—who founded the firm and rebuilt it after 658 of its employees died in 9/11— has been touting Tether in TV appearances and recently bought a 5% ownership stake in the crypto firm ...

  6. Cryptocurrency bubble - Wikipedia

    en.wikipedia.org/wiki/Cryptocurrency_bubble

    Following a smaller correction in February, Bitcoin plunged from its peak above $64,000 on 14 April to below $49,000 on 23 April, representing a 23% mini-crash in less than 10 days, dipping below the March bottom trading range and wiping half a trillion dollars from the combined crypto total current value.

  7. Stablecoin - Wikipedia

    en.wikipedia.org/wiki/Stablecoin

    The most popular stablecoin, Tether, initially claimed to be fully backed by fiat currency; this was proven to be untrue, and Tether was fined $41 million by the Commodity Futures Trading Commission for deceiving consumers. [3] Instead, Tether only had enough fiat reserve to guarantee 27.6% of their stablecoin.

  8. Crypto giants Binance and Circle team up to take on Tether - AOL

    www.aol.com/finance/crypto-giants-binance-circle...

    Two of the biggest names in crypto are putting aside their long-standing rivalry, and will now work together to grab a bigger piece of the fast-growing stablecoin pie. On Wednesday morning in Abu ...

  9. Crypto firm Tether says it has frozen $225 million linked to ...

    www.aol.com/news/crypto-firm-tether-says-frozen...

    Crypto firm Tether said on Monday that it had frozen $225 million worth of its cryptocurrency which it said had been linked to a human trafficking group in Southeast Asia. The U.S. Secret Service ...

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