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Tether, the blockchain-enabled stablecoin platform, today has announced that it will be launching Tether tokens (GBP₮) pegged to the British Pound Sterling in early July. Initial blockchain support will include Ethereum.
Tether, an early player in the development of stablecoins, has announced the scheduled launch of a new coin whose value will be pegged to the British pound, Bloomberg reported Wednesday (June 22). The GBPT token, which joins a Tether lineup that already includes cryptocurrencies tied to the U.S. dollar, Chinese yuan, Mexican peso and euro, […]
Amid severe economic pressures, the data indicates many stakeholders of cryptos are dumping out, warranting much caution.
Tether announced Wednesday through a statement that it will launch a stablecoin pegged to the pound sterling (GBPT) on the Ethereum blockchain in July.
USDT stablecoin issuer Tether announced Wednesday its plan to launch a new stable digital currency pegged 1:1 to the British Pound Sterling. The firm disclosed that the new stablecoin, dubbed GBP₮, would be released early next month.
Tether's brand-new stablecoin is really hard to pronounce (for Connor anyway.)
The GBP₮ token will be 1:1 pegged with the British pound and run on the Ethereum network. The post Tether to launch new stablecoin token pegged to British pound appeared first on CryptoSlate.
Tether is set to launch the GBP₮ token pegged to the British Pound Sterling on its blockchain Tether.
Putting British pounds on the blockchain will provide a "faster, less costly option for asset transfers," said Tether about its upcoming pegged token.
On Wednesday, Major crypto firm Tether confirmed that it will launch a “stablecoin” pegged to the British pound next month, a move that comes as London plans to regulate the fast-pace and growing type of digital currency A Stablecoin is a cryptocurrency designed to keep a steady value against traditional currencies or commodities such as...
Tether is launching a British pound-pegged stablecoin shortly after releasing the stablecoin pegged to the Mexican Peso as we can see more today in our latest Tether news. Tether is launching a British pound-pegged stablecoin as a new product focused on the pound.
Coinspeaker Tether to Issue Pound-Pegged Stablecoin GBPT In July
Tether, the issuer of leading and largest US dollar-pegged stablecoin USDT, has announced plans to launch another stablecoin, the company said on Wednesday. The new offering will be pegged on the British Pound, the firm said, with the ticker symbol GBPT. According to the company, GBPT will be backed 1:1 to the Sterling. Tether CTO […] The post Tether to issue new stablecoin pegged on British Pound appeared first on Invezz.
The stablecoin issuer Tether, known as the company behind the world's largest stablecoin USDT, on Wednesday announced the launch of a new stablecoin pegged to the British pound.
Tether has launched a stablecoin pegged to the British Pound Sterling version called GBPT. The stablecoin will launch in July 2022.
Tether has announced today that it will roll out a sterling- backed stablecoin next month. The move comes as the UK prepares to regulate the stablecoin sector in readiness for its attempt to make London a world crypto hub.
Tether, the developer of the fixed-price cryptocurrency USDT, is preparing to announce a new fixed-price cryptocurrency. The name of this new cryptocurrency, which will be fixed to the pound price, will be GBPT.
After Tuesday, when USD Coin's daily'real volume' on the Ethereum network doubled that of Tether's USDT, it began to challenge Tether for the title of top stablecoin in the cryptocurrency world. The fact that USDC's real volume has roughly doubled that of USDT over the past 24 hours, at least on the Ethereum network, may …
Tether Operations Limited is launching a new fiat-pegged digital currency: this time it will be pegged to the British Pound Sterling, the stablecoin developer announced on Wednesday.
The blockchain supporting the new stablecoin is Ethereum
Major crypto firm Tether said on Wednesday it will launch next month a "stablecoin" pegged to the British pound, a move that comes as London draws up plans to regulate the fast-growing type of digital currency.
Stablecoin pegged to British pound officially announced by Tether
A number of stablecoins have been nibbling away at Tether's market share of late — most noticeably USDC, which is issued by Circle.
Tether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment.
