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.
Since the start of June, Tether’s market cap has grown by 13%, and that of USDC Coin has finally crossed… read more
Another $300 million USDT has been printed, but not issued, “meaning that this amount will be used as inventory for… read more
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
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