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Issued by Teather, USDT is the first and biggest stablecoin. USDT is fully backed by the US Dollar, which helps reduce price fluctuations and makes USDT trading and holding more convenient. This article will tell you more about USDT.

When examining the market cap of cryptocurrencies, the market cap of most coins tends to decrease as the overall market shrinks. However, it is worth noting that while the overall cryptocurrency market has experienced significant shrinkage, the market cap of USDT seems to have remained largely unaffected. This phenomenon raises the question of why the market cap of USDT can maintain stability.

This article explores the role of USDT as a stablecoin in developing economies in terms of its supply, adoption trends, usage patterns, and the nature of Tether reserves. While there are valid concerns about centralization and transparency, the diverse benefits Tether offers should not be overlooked.

Bitcoin’s price dropped 2.84% over the past 24 hours to $70,303, facing potential short-term resistance at $69,500 as bulls and bears contend for control. MicroStrategy announced a significant $42 billion Bitcoin investment plan to expand its reserves. Meanwhile, the U.S. Treasury suggested replacing stablecoins with a central bank digital currency (CBDC) to enhance stability. Canary Capital applied for a Solana spot ETF, joining traditional financial firms in expanding crypto offerings. Additionally, USDT circulation surpassed $120 billion, up 30% since the beginning of the year, reflecting strong demand.

Usual has currently secured $7 million in seed funding, led by IOSG Ventures and Kraken Ventures. The core product of its protocol is the stablecoin USD0. Unlike traditional stablecoins, USD0 is backed 1:1 by assets with very short maturities, such as RWA assets and government bonds. This backing provides higher security and stability, and reduces the likelihood of discount liquidation in the case of asset runs.

A stablecoin is a cryptocurrency with a stable price, which is often pegged to a legal tender in the real world. Take USDT, currently the most commonly used stablecoin, for example, USDT is pegged to the US dollar, with 1 USDT = 1 USD.

This article explores the issue of bank account freezing arising from cryptocurrency transactions, analyzing risks and responsibility allocation through a specific case study.

Explore the innovative BitStable Protocol in this comprehensive article, covering its secure USDT custody move, and the rewarding of BSSB holders.

Gate.io recently launched PreMint feature for pre-market trading. PreMint is a staking and minting mechanism for pre-market trading. It allows users to stake USDT to mint PreToken.

TUSD is a coin backed by and pegged to the value of the US dollar. It is considered a dependable alternative to other major stablecoins like USDC and USDT.

This article analyzes the latest development of TRON in detail, focusing on its stablecoin business, DeFi ecology and network activity. Through the assessment of USDT issuance, network revenue and market risks, TRON's market monopoly and its status changes in the current encryption market are revealed.

TrueFi aims to provide uncollateralized lending on blockchains. Users can deposit stablecoins such as TUSD, USDT, and USDC as loan providers, while borrowers primarily consist of institutions and market makers. Borrowers are required to submit loan proposals to TrueFi, and the decision-making process involves voting by TRU holders.

This article discusses the development and current status of stablecoins in the cryptocurrency industry. The problems in the traditional financial system have driven the rise of stablecoins, especially those supported by fiat currency or algorithms, such as USDT, USDC, and the emerging USD0. Stablecoins not only surpass Bitcoin in payment properties but have also become a profitable business, with the issuer of USDT showing significant profits. The article introduces Usual Labs as an emerging stablecoin startup that has launched the RWA-backed stablecoin USD0. The USD0 is 1:1 supported by ultra-short-term real-world assets (RWA). When users deposit assets, they receive Liquid Deposit Tokens (LDT), which represent the initial value of the deposit and can be traded freely. The article also explores its technical operations and the distribution of governance tokens, emphasizing its positioning and potential in market competition.

Gate Research Daily Report, August 14: BTC prices have returned above $60,000, while ETH remains volatile. The market shows an optimistic bullish sentiment. The U.S. July PPI growth was below expectations, affecting the Fed's interest rate cut outlook. BitGo wallet transferred a large amount of Mt. Gox Bitcoin assets, and Aethir Foundation opened community reward claims.

Stablecoins are digital currencies pegged to real-world assets or algorithmically adjusted to maintain a stable value with minimal price fluctuations. While centralized stablecoins like USDC and USDT are pegged to fiat currencies, they face credit and trust risks but have the potential to become significant mediums of exchange for digital assets. Various stablecoin solutions already exist, and more promising ones may emerge in the future.