Tether

Gold Refineries Address Supply Shortages Amidst Crisis: Surge in Digital Tokens

Amidst the turmoil caused by the coronavirus crisis, gold refiners have been working tirelessly to address severe supply shortages resulting from market disruptions. Notably, there has been a noticeable uptick in interest surrounding digital tokens backed by gold.  As Q1 of 2020 drew to a close, the gold market experienced an unprecedented “historic squeeze.” This surge in demand for…

Coins & Tokens

Tether Strengthens Monitoring with Chainalysis: Bolstering Security in Crypto Transactions

Tether, the world’s largest stablecoin, recently announced that it is implementing more robust monitoring mechanisms to track the usage of its tokens in the broader crypto markets and payments, in an effort to combat illicit finance.  In a statement issued on Thursday, Tether revealed that it has partnered with blockchain analytics company, Chainalysis, to develop new tools…

Tether

Tether Implements Recovery Plan for Blockchain Stability Amid $100 Billion Market Cap

Tether has recently launched a recovery tool for stabilising different blockchains as UTSD touches $100 billion market capitalization. Tether, the blockchain-enabled platform that facilitates the issuance of digital currencies, has recently launched a blockchain recovery plan to ensure uninterrupted access to its USDT token. The plan aims to safeguard against any disruptions that may arise…