Tether Launches Stablecoin on EOS Blockchain

Tether has announced that it will be issuing its USDT stablecoin on the EOS blockchain in partnership with Block.one Tether Adds EOS to Ethereum and TRON Launch In a press statement issued on its website, Tether announced that EOS is the next blockchain to host the USDT stablecoin following similar launches on Ethereum and TRON. […]

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Tether’s (USDT) Negligence deserves Exchanges De-listing

Recently, Tether’s general counsel confirmed that the Tether stable coin (USDT) is not 100 percent fiat backed. This was disclosed in an ongoing case where the New York Office of the Attorney General (NYAG) accused BitFinex, a crypto exchange, for mishandling clients’ funds leading to a possible $850 million loss. Unfortunately, Tether’s reserves were used […]

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