Tether has teamed up with TON Foundation to allow customers to send crypto payments using Telegram.
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Tether CEO Paolo Ardoino has told a VALR webinar that stablecoins are becoming a second-line currency for global trade finance.
Repeated assurances by the backers of Tether that the token is backed by ample reserves and working smoothly haven’t been enough to reassure markets.
Tether is releasing a crypto token tied to the value of the British pound as part of a push into new stablecoins.
Bitcoin fell to its lowest level since January on Monday as slumping equity markets continued to hurt cryptocurrencies.
Promoted | Week-long looting decimated the R/$ rate and caused Citibank to cut exposure to foreign exchange completely. But buying cryptocurrency offers investors a solution to the weakened currency.