Tag: USDT

Hedge funds being used to short Tether, create another Terra-Luna episode: Report

Hedge funds being used to short Tether, create another Terra-Luna episode: Report

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The world’s largest stablecoin Tether is likely being shorted by hedge funds. This comes as the market continues to witness an intense sell-off after the Luna-Terra fiasco. Shorting or short-selling refers to an act of selling a digital asset in the hope that it falls in value and then you can buy it back at […]

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Tether unveils token pegged to British Pound

Tether unveils token pegged to British Pound

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Tether already has cryptocurrencies known as ‘stablecoins’ pegged to four other fiat currencies Tether already has cryptocurrencies known as ‘stablecoins’ pegged to four other fiat currencies Tether, the largest stablecoin issuer by market cap, unveiled on Wednesday a token linked to the British Pound (GBP). One GBP₮ token would be worth one British Pound Sterling, […]

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