Tether
Tether is a token backed by actual fiat currency assets, including USD, Euros and, soon, Japanese Yen. One Tether equals one underlying unit of the currency backing it, e.g., the U.S. Dollar, and is backed 100% by actual assets in the Tether platform’s reserve account. Being anchored or “tethered” to real world currency, Tether provides protection from the volatility of cryptocurrencies.
Alex MorrisTether Ceding Ground to Competitors as Stablecoin Wars Pick Up Steam: Research
Tether remains at the top of its game, but there are multiple stablecoins that could challenge its dominance in the nearest future
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Thomas HughesTRON (TRX) Moves Higher in Rankings. What’s the Catalyst?
TRON outperformed yet another coin today and secured the number 8th spot in the rankings by market cap
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EURS Stablecoin Issuer Opts for Full Audits to Dispel Transparency Concerns
EURS wants to give other stablecoins on the block a run for their money by going for full audits instead of sticking to attestations
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Yuri MolchanCrypto Monster Binance to Launch Joint Stablecoin Trading Platform
The largest crypto trader, Binance, is to release a joint market for stablecoins. No details are published yet, but Tether will reportedly be included
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Stablecoins Are Thriving Amid Crypto Market Collapse
As the cryptocurrency market is updating its year-to-date lows, the big winners are stablecoins, which recently saw a significant increase in trading volume.
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