USDT

Tether whales rushed to redeem $16 billion in USDT following the collapse of Terra’s algorithmic stablecoin, rivaling history’s largest bank runs

Tether’s stablecoin widens the possibility for users on Polygon to generate yield or dip in and out of the network, the companies said

Tether disputes Bloomberg Businessweek report investigating the stablecoin’s dollar holdings

Since its launch, Tether has almost always gone up and coincided with an increase in bitcoin’s value for the long-term view, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, said.