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Tether is a blockchain-enabled platform that facilitates the use of traditional currencies in a digital manner. Tether tokens are pegged to US dollars, euros, Mexican pesos, offshore Chinese yuan, and Gold, and are 100% backed by Tether's reserves.
- Transparency
All Tether tokens are pegged at 1-to-1 with a matching fiat...
- About Us
Tether was founded by a group of Bitcoin enthusiasts and...
- For Individuals
10 April, 2024 — Tether Operations Limited (Tether), the...
- For Exchanges
Tether tokens (USD₮, EUR₮, and CNH₮) play a pivotal role in...
- Transparency
Tether token is a blockchain-enabled platform that facilitates the use of fiat currencies in a digital manner. Learn how Tether tokens work, what currencies and commodities they support, and how they are adopted across major exchanges, OTC desks, and wallets.
Tether App is the official mobile app for managing your Tether tokens on multiple blockchains. Download the app and enjoy the convenience and security of Tether tokens.
- What Is A Stablecoin?
- How Does Tether Work?
- A Brief History of Tether
- Can You Trust Tether?
- Tether and The Terrausd Meltdown
- Tether vs. Bitcoin
- Is Tether A Good Investment?
- GeneratedCaptionsTabForHeroSec
Stablecoins like Tether provide a low volatility digital asset that usually maintains a steady valuation. The value of a stablecoin is pegged to a stable asset like gold, the U.S. dollar or another fiat currency, which means the coin attempts to maintain the same value as its peg. “The idea is that 1 Tether can always be traded for $1, regardless o...
The stability of Tether comes from its currency reserves, as the company claims to hold dollars and other assets that are equal or greater than the total number of USDT in circulation. In other words, for every one Tether token in circulation, the company claims it owns one dollar in its reserves, either in cash or cash equivalents like short-term ...
The roots of Tether date back a decade, to when J.R. Willet was looking to build new cryptocurrencies on the Bitcoin protocol. Willet implemented this idea with Mastercoin, and one of its original members would later become the co-founder of Tether in 2014. Using Tether for liquiditybegan when it was added to the BitFinex exchange in January 2015. ...
Stablecoins remain a popular choice among crypto traders, and Tether weathered controversies about liquidity and the adequacy of its reserves. As recently as 2022, the company did not offer much clarity regarding its reserves. At one point, Tether’s website merely stated that “All Tether tokens are pegged at 1-to-1 with a matching fiat currency and...
TerraUSD (UST) is a U.S. dollar stablecoin that sparked a crisis in cryptocurrency markets in 2022. At that time, TerraUSD used an algorithm-based system to maintain its peg to the dollar instead of cash reserves. The collapse of this system is widely cited as one of the main causes of the ongoing crypto winter. Relying on an algorithm rather than ...
According to Daniel Rodriguez, chief operating officer at Hill Wealth Strategies, the key difference between TetherUSD and Bitcoin is that Tether is tied to a non-crypto asset, the U.S. dollar. Bitcoin is not tied to anything beyond the supply and demand for BTC. In addition, Tether is a centralized cryptocurrency whereas Bitcoin is decentralized. ...
Stablecoins like Tether don’t make much sense as an investment because they aren’t meant to increase in value. They only operate as a store of value, since one USDT should always equal one dollar. Besides being a useful store of value, the benefit of Tether is as a tool for conducting business in a far simpler manner than using Bitcoin. “One Bitcoi...
Tether (USDT) is the largest stablecoin by market capitalization, backed by cash and other assets. Learn how Tether works, its history, controversies and how it differs from other stablecoins.
- Coryanne Hicks
Tether USDt is a stablecoin that pegs its value to the US dollar. It is used as a bridge between cryptocurrencies and fiat currencies. See the latest USDT to USD exchange rate, trading volume and historical data on CoinMarketCap.
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- Launched in 2014, Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner. Tether works to di...
- USD₮ is a digital dollar, powered by blockchain technology, a stablecoin that is pegged 1:1 to the USD. USD₮ provides individuals and organizations...
- Tether tokens exist as digital tokens built on several leading blockchains, including Algorand, Avalanche, Bitcoin Cash’s Simple Ledger Protocol (S...
- USDT — or as it was known at the time, Realcoin — was launched in 2014 by Brock Pierce, Reeve Collins and Craig Sellars. Brock Pierce is a well-kno...
- USDT’s unique feature is the fact that its value is guaranteed by Tether to remain pegged to the U.S. dollar. According to Tether, whenever it issu...
- In July 2022, Tether, alongside peer-to-peer data network Hypercore and its sister company Bitfinex, collaborated on a social media app called Keet...
- There is no hard-coded limit on the [total supply](https://coinmarketcap.com/alexandria/article/what-is-tokenomics) of USDT — given the fact that i...
- USDT does not have its own blockchain — instead, it operates as a second-layer token on top of other cryptocurrencies’ blockchains: Bitcoin, Ethere...
- It is possible to [buy Tether](https://www.binance.com/en/buy-TetherUS) / USDT on a large number of cryptocurrency exchanges. In fact, USDT’s avera...
Tether (often referred to by its currency codes, USD₮ and USDT, among others) is a cryptocurrency stablecoin, launched by the company Tether Limited Inc. in 2014. As of January 2024, Tether's website lists fourteen protocols and blockchains on which Tether has been minted.
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Mar 10, 2024 · Tether (USDT) is a cryptocurrency that aims to avoid volatility by tying its value to the U.S. dollar. Learn about its history, features, uses, and controversies in this Investopedia article.
