Tether Hits Back at Critics; Clarifies Once Again That It Holds No Chinese CP as Reserves

Stablecoin issuer Tether took to Twitter on July 27 to clarify that it holds no Chinese commercial paper (CP) on the back of industry rumors that continue to claim its portfolio in the vertical is backed by 85% Chinese or Asian commercial papers. The post Tether Hits Back at Critics; Clarifies Once Again That It Holds No Chinese CP as Reserves appeared first on BeInCrypto.

Timeline of Tether

Stablecoin issuer Tether wants to debunk rumors that they hold Chinese commercial paper as backing for (USDT) In a new statement by the company, Tether says that it does not hold any Chinese paper, and such “false information” is a threat to the industry.

Stablecoin issuer Tether said today — seemingly for the first time — that it holds no Chinese commercial paper. The post Tether says that it holds no Chinese commercial paper appeared first on The Block.

In Todays Headline TV CryptoDaily News: Tether and Bitfinex enter new project Peer-to-peer application building platform Holepunch announced the alpha launch of its encrypted video calling application called Keet, backed by stablecoin issuer Tether, crypto platform Bitfinex, and distributed systems developer Hypercore. Crypto.com approved as crypto broker by Cyprus SEC.

Holepunch revealed that their completely encrypted Tether and Bitfinex-backed video calling program known as Keet has entered the alpha testing phase. Keet is free because it uses peer-to-peer technology.

The crypto exchange platform Bitifinex and popular stablecoin issuer, Tether jointly developed a video calling software. The two parties, alongside P2P maker Hypercore, have launched a new firm to float their app, Keet.

Bitfinex and Tether jointly launched a P2P app called Keet which is the first of its kind built on the Holepunch platform so let's have a closer look at our latest Tether news. Keet will be the first peer-to-peer app built on Holepunch and Bitfinex and Tether jointly launched it in collaboration with Hypercore.

Cryptocurrency exchange Bitfinex and stablecoin issuer Tether (CRYPTO: USDT) have partnered with open-source protocol Hypercore to launch a video calling application, Keet, which also allows audio, text and file exchanges between users and supports Bitcoin Lightning and USDT payments. The Keet application was built as part of a fully encrypted platform called Holepunch for building peer-to-peer applications and is powered by Distributed Holepunching (DHT) technology that allows users to locate each other and connect “using only cryptographic key pairs upon authorization.

Bitfinex, Tether, and Hypercore have joined to launch Holepunch, a platform described as enabling creators to build secure peer-to-peer apps. Holepunch is currently closed source and in alpha testing.

In the first in a series of P2P applications, Tether and Bitfinex CTO Paolo Ardoino has announced the launch of Keet, a blockchain-based P2P video chat app. The post Tether, Bitfinex aim at building the next internet with P2P app Keet appeared first on CryptoSlate.

Bitfinex, Tether and Hypercore have built Keet, a peer-to-peer video calling app, on their newly launched Holepunch protocol. The post Bitfinex and Tether launch peer-to-peer video calling app Keet appeared first on The Block.