Tether is launching an additional 300 million USDT

Home » FINTECH » Tether is launching an additional 300 million USDT
Tether is launching an additional 300 million USDT

The company Tether is launching an additional 300 million USDT. The project website says that this amount is authorized for the release, but has not yet come into circulation.

The last case of USDT issue was fixed on January 23. It is assumed that the decision to stop the uncontrolled emission was caused by the judicial agenda that the company received from the Commodity Futures Trading Commission. Until then Tether almost every week for eight months released on the market for 100 million USDT.

Currently, about 2.2 billion USDT tokens have been issued. What is connected with the new issue is still unknown.
Earlier this year, analysts at the Bitmex exchange have said that the USDT is very likely to have collateralised US dollars, but it may face regulatory problems. They also noted that the lack of transparency Tether, which is often said by critics, does not necessarily mean fraud.

Financial markets have become one of the most productive areas for the use of Artificial Intelligence. The world’s largest financial corporations, stock exchanges and hedge funds use artificial intelligence to make important investment decisions, and also invest considerable sums in the development of this technology. Fintech is the new gold rush for investors and grew from 10% in 2016 to a staggering 23.2 billion dollars by the end of 2017. China and the USA make a huge breakthrough in this sector and traditionally occupy leading positions.

  • bitcoinBitcoin$3,607.66
  • rippleXRP$0.322199
  • ethereumEthereum$119.97
  • tetherTether$1.00
  • eosEOS$2.43
  • stellarStellar$0.106259
  • litecoinLitecoin$30.96
  • cardanoCardano$0.043839
  • tronTRON$0.024094
  • moneroMonero$44.56
  • iotaIOTA$0.309411
  • nemNEM$0.056061
  • dashDash$70.19
  • neoNEO$7.58
The complexity Bitcoin mining is growing
As a result of the next recalculation of the complexity of mining Bitcoin on the night of January 14, this figure increased by almost 5%. The complexity of mining is a parameter of the blockchain network, which shows how difficult it is to perform a mathematical calculation to find a new unit and, accordingly, to […]
2019-01-18 0 4
Bitcoin volatility fell by 98% over the year.
Since January last year, the first cryptocurrency volatility has decreased by 98%. So, if on January 16, 2018, this figure was $ 3,468, then a year later – only $ 61, notes CoinDesk Markets analyst Omkar Godboul. The daily volatility over the past year decreased from 9.1% to 3.6%, although on December 16, 2018 was […]
2019-01-17 0 7
Will Ethereum hard fork Constantinople be launched this week?
Ethereum, one of the largest and most influential blockchains in the world, is planning to improve its code in the near future. A massive system upgrade, or hardfork, called “Constantinople” will include a number of technological improvements called to enhance practicality and the architecture of smart contracts. The Ethereum community will make a final decision […]
2019-01-15 0 29
The Brit​ish citizen was trying to buy a gun with cryptocurrency
David Mitchell, a 48-year old British citizen, was arrested by the US police after an attempt to purchase a gun with cryptocurrency via the dark web. Mr. Mitchell was planning to buy a Glock 9mm pistol which costs around £2,000. The man explained to the court that he was curious whether it is possible to […]
2019-01-14 0 18
© 2017–2018