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Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin). Tether's issuer claims that USDT is backed by bank ...數字貨幣公司泰達幣(CRYPTO: USDT)於週四宣佈在比特幣(CRYPTO: BTC)Blockchain上推出USDT,這是全球市值最高的穩定幣。Overall, USDT is the largest stablecoin in the world and is the most sought-after on-chain asset by users and the blockchain itself. USDT0 is ...USDT (Tether) has become the main participant of the cryptocurrency market, which provides stability, liquidity and low transaction fees to ...Discover the Revolutionary World of Tether: The Stablecoin Revolution in Cryptocurrency · Why Tether Matters in the World of Cryptocurrency.Although it claims that its stablecoins are primarily backed by U.S. Treasury bonds, it also includes gold, Bitcoin, and other loans, and has ...A stablecoin is a novel category of cryptocurrencies whose value is equal to an asset it seeks to emulate or peg to, which is typically the US dollar.Popular examples include Tether (USDT), USD Coin (USDC), and Dai (DAI). Stablecoins also serve various purposes in the crypto world. For ...JUNE 5, 2024 – Tether, the largest company in the digital asset industry, has announced a strategic investment of $18.75M in XREX Group, ...Tether is a pioneer in the field of stablecoin technology, driven by an aim to revolutionize the global financial landscape. With a mission to provide accessible, secure, and efficient financial, communication, and energy infrastructure. Tether enables greater financial inclusion, and communication resilience, fosters economic growth, and empowers individuals and businesses alike.
Today’s announcement further underscores Tether’s ongoing endeavors to foster cryptocurrency adoption in emerging markets worldwide, while empowering those under-served communities that share the company’s vision of a more interconnected and inclusive financial landscape.
XREX boasts an impressive investor lineup including the Taiwanese Government National Development Fund, CDIB Capital Group (TWSE: 2883), SBI Holdings (TYO: 8473), E.Sun Financial Holding (TWSE: 2884), ThreeD Capital (CSE: IDK), AppWorks, BlackMarble, and New Economy Ventures. XREX Singapore recently acquired the Monetary Authority of Singapore’s Major Payment Institution license, while XREX has been operating under a Taiwan Financial Supervisory Commission’s Registered VASP status.
“We thank Tether and all existing investors for supporting this up round, which involved an issuance of new team (common) shares to fuel our top talent recruiting. This stablecoin-enabled financial inclusion movement will bring long-term and positive change to the existing global clearance and settlement systems,” says Winston Hsiao, XREX Group CRO.
“Tether and XREX have collaborated successfully to help law enforcement agencies identify, arrest, and sentence criminals,” says Wayne Huang, XREX Group CEO. “With Tether’s strong support and investment, we’re expanding this success into a RegTech product line that further refines XREX Group as a responsible financial institution.”
“ Tether’s strategic investment in XREX Group signifies our unwavering commitment to fostering financial inclusion in emerging markets,” said Paolo Ardoino, CEO of Tether. “Our collaboration with XREX will spearhead several groundbreaking initiatives, including the launch of a unique new unitized stablecoin by the Unitas Foundation and the facilitation of USDT-based cross-border payment, setting a new standard for financial accessibility and efficiency in the region. This latest investment aligns with Tether’s long-term vision of building a resilient infrastructure that extends beyond the confines of the crypto market, as demonstrated by our diversified investments in various industry sectors.”
JUNE 5, 2024 – Tether, the largest company in the digital asset industry, has announced a strategic investment of $18.75M in XREX Group , a fully regulated, blockchain-enabled financial institution. This collaboration aims to drive innovation in the digital asset industry, facilitate USDT-based cross-border payments in emerging markets, and innovate regulatory technology.
With Tether’s funding, XREX will facilitate compliant, USDT-based cross-border B2B payments in emerging markets, revolutionizing financial transactions by offering businesses greater ease, efficiency, and potentially lower costs. Additionally, XREX will work with the Unitas Foundation to launch XAU1, a USD-pegged unitized stablecoin over-reserved with Tether Gold (XAUt), providing customers with a stable alternative and a hedge against inflation.
This collaboration will drive innovation in Regulatory Technology (RegTech), enhancing solutions to detect and prevent illicit use of stablecoins. Tether’s commitment to responsible financial stewardship aligns with XREX’s dedication to fostering a safe, accessible, and trusted environment for all crypto users in emerging markets.
As the creator of the largest, most transparent, and liquid stablecoin in the industry, Tether is dedicated to building sustainable and resilient infrastructure for the benefit of underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technology, it is committed to bridging the gap between traditional financial systems and the potential of decentralized finance.
XREX is a blockchain-enabled financial institution working with banks, regulators, and users to redefine banking together. It provides enterprise-grade banking services to small to medium-sized businesses (SMBs) in or dealing with emerging markets, and novice-friendly financial services to individuals worldwide.
Founded in 2018 and operating globally under multiple licenses, XREX offers a full suite of services such as digital asset custody, wallet, cross-border payment, fiat-crypto conversion, cryptocurrency exchange, asset management, and fiat currency on-off ramps.
Sharing the social responsibility of financial inclusion, XREX leverages blockchain technologies to further financial participation, access, and education.Whether you're a cryptocurrency newbie, a seasoned investor, or simply curious about the future of digital finance, this book offers valuable insights. Understand the complexities of the cryptocurrency market and Tether's role within it, all presented in a clear and engaging manner.
"Tether: The Stablecoin Revolution in Cryptocurrency" doesn't shy away from the controversies and challenges facing Tether. Engage with insightful analyses of legal and regulatory scrutiny, debates over transparency, and the ongoing concerns about reserve management.
Understand the pivotal role Tether plays in mitigating the inherent volatility of cryptocurrencies. Its ability to act as a safe haven and provide market liquidity has made it an indispensable tool for traders, investors, and users worldwide. This book examines Tether's impact on global transactions, its integration with decentralized finance (DeFi), and its growing acceptance in mainstream commerce.
Dive into the fascinating origin story of Tether, from its inception as "Realcoin" to becoming one of the most influential digital currencies in the world. This book demystifies the complex technicalities of blockchain technology and illuminates Tether's unique mechanism of maintaining a steady peg to the US dollar.
In the rapidly evolving realm of cryptocurrencies, Tether (USDT) stands as a beacon of stability in a notoriously volatile market. "Tether: The Stablecoin Revolution in Cryptocurrency" offers an in-depth exploration of this groundbreaking stablecoin that has transformed the digital currency landscape.
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What does the future hold for Tether? The book delves into expert predictions and potential trends, exploring how regulatory changes, technological advancements, and market dynamics could shape Tether's trajectory in the digital finance world.
"Tether: The Stablecoin Revolution in Cryptocurrency" is more than just a book; it's an essential guide to understanding a key player in the digital currency market. With comprehensive research, expert opinions, and real-world case studies, this book is your ticket to understanding not just Tether, but the broader cryptocurrency landscape.
為計算整體星等評分與按星等細分的評分百分比,我們不會採用簡單平均值。我們的系統反而會考慮評論時間的遠近以及評論者是否在 Amazon 購買了該商品。此系統還會分析評論內容,以驗證可信度。The presence of USDT on the market had a great impact on its role and effect:
Tetling (USDT) is associated with a US dollar with a fixed interest rate of 1: 1, ensuring that its value remains permanent. This means that if you have a USDT, you can basically buy or sell dollars with the same amount of bonding without worrying about market fluctuations.
Tether (USDT) Stabrecoin is a type of cryptocurrency aimed at maintaining a stable value compared to traditional currencies, such as the US dollar. Genesis dates back to 2014 when Bitfinex, the popular cryptocurrency stove, released the first Stablecoin tied to USD.
In the large and rapid cryptocurrency world, one of the wealth became the main player, influencing market trends and landscaping. Meet the USDT, bound, also known as USDT (Tether USD), a popular cryptocurrency that drew the attention of merchants, investors and market participants. In this article, we go into the USDT world by exploring the role of the cryptocurrency market, its history and what makes it attractive to the merchants.
To search for this stability, Tether uses a complex algorithmic procedure that includes various assets such as gold and other goods. This ensures that the bonding value remains consistent and does not affect changes in the market mood.
The popularity of USDT is attributed to many factors:
: Low binder fees offer an attractive opportunity for those looking for faster and cheaper operations than other cryptocurrencies.
The increase in USDT has a significant impact on the wider cryptocurrency market:
USDT (Tether) has become the main participant of