What is Tether?
Tether (USDT) is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by 1 US Dollar held in the reserves of Tether Limited. Tether can be transferred, stored, spent, just like any other cryptocurrency. Tether (USDT) offers an alternative to Proof of Solvency methods by introducing a Proof of Reserves Process. Tether is a crypto-fiat stable coin, meaning that its value mirrors that of the US Dollar. Learn more about Tether in our cryptocurrency guides.
After years of development the OMG Network has finally launched the More Viable Plasma (MoreVP) scaling solution for ethereum. “MoreVP… read more
Some days, it would appear if the entire cryptocurrency community is upset about Tether. Rather than burning coins, the supply… read more
You may think that the number of stablecoins on the market would indicate that there is fierce competition for dominance.… read more
Tether, the dollar pegged crypto is now the third biggest cryptocurrency after bitcoin and ethereum. Ripple managed to keep that… read more
Tether’s Market Cap Jumps by $1.5 Billion to $9 Billion, Nearly Overtaking XRP, Is This Good For Bitcoin and USD?
They said the bear market won’t end until tether is ranked just under ethereum. Well, that’s now pretty much here.… read more
Over the past few weeks, Ethereum has been subject to a trend few expected: stablecoins — cryptocurrencies tied to the… read more
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