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  • To quote Chairman Mao: "Where in the Red Book did I say anything about issuing tokens without backing assets?"
    To quote Chairman Mao: "Where in the Red Book did I say anything about issuing tokens without backing assets?"
    Asia & Australia,  Tether

    Tether takes on Chinese government’s currency monopoly because why not?

    Asking for big trouble in big China

    September 9, 2019 /

    One of the worst kept secrets in crypto has finally to fruition: Tether is launching a stablecoin tied to the Chinese yuan.

    Read More
    Lawrence Lewitinn
  • Tether
    Tether is on fire, but not in a good way (via Shutterstock).
    Tether

    Playing with fire, Tether looking to launch Chinese yuan-based stablecoin

    Tether may be doubling down with a renmimbi product

    August 21, 2019 /

    Tether—with its sister company Bitfinex—may be in a heap of trouble in New York, but the stablecoin issuer is trying its hand at taking on another major currency: China’s yuan.

    Read More
    Lawrence Lewitinn

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