Corporate Finance News

Jeudi 24 Septembre 2020

Leading Cryptocurrency Exchange BitBay Lists Tether (USDt)

Tether, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, and, an Estonia licensed crypto-to-fiat exchange, are pleased to announce that tether (USDt) is listed on the platform. is one of the most established crypto-fiat exchanges in Europe while USDt recently surpassed a market capitalization of US$15 billion, thereby cementing its position as the most liquid, stable and trusted stablecoin.

“We are gratified that tether is now listed on BitBay, an established and trusted exchange in the European digital asset ecosystem,” said Paolo Ardoino, CTO at Tether. “We anticipate a ready demand among the platform’s user base. The market has once again spoken. People like using crypto’s preeminent stablecoin.”

“Tether is undoubtedly the most popular stablecoin out there,” said Sylwester Suszek, CEO at “We knew that USDt should be present on our platform. By adding tether and credit cards payments we have provided our users with an even better crypto trading experience.”

USDt joined the portfolio of supported currencies on in September, and is available in four trading pairs on the platform:

All USDt markets have low trading fees on BitBay: maker 0% and taker 0.1%. BitBay recently announced the launch of Mastercard and Visa credit cards payments on the platform.

USDt’s total market capitalization has increased from about $2 billion in February 2019 to surpass US$15 billion. Tether works with Algorand, Bitcoin Cash’s Simple Ledger Protocol (SLP), Ethereum, EOS, Liquid Network, Omni, Tron and Solana. Tether is driven to support and empower growing ventures and innovation in the blockchain space.

About BitBay
BitBay is a cryptocurrency exchange established in 2014 and licensed in Estonia. It supports fiat pairs and crypto-crypto pairs. The exchange offers a low trading fee (form 0% for crypto-crypto markets), deposits and withdrawals in 3 fiat currencies, over 30 cryptocurrencies and more than 100 trading pairs. Users can use mobile apps, PRO mode, and Affiliate Program.

About Tether
Tether is the preeminent stablecoin with the biggest market capitalization, surpassing that of all rival offerings combined. Created in October 2014, Tether has grown to become the most traded cryptocurrency. Tether is disrupting the legacy financial system by offering a more modern approach to money. By introducing fiat currency-digital cash to the bitcoin, Ethereum, EOS, Liquid Network, Omni, Tron and Algorand blockchains, Tether makes a significant contribution to a more connected ecosystem. Tether combines digital currency benefits, such as instant global transactions, with traditional currency benefits, such as price stability. With a commitment to transparency and compliance, Tether is a fast and low-cost way to transact with money.

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