The ongoing drama surrounding the opaque operations of Tether throughout 2018 has driven the proliferation of similar pegged currencies, leading… read more
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.
Tether is just a hair breadth away from overtaking EOS to sixth position in the market cap ranking of all… read more
As 2018 began, with only two competitors, Tether commanded 94 percent of the stablecoin market. With the year seeing the… read more
Cryptocurrency, Litecoin (LTC), Tether (USDT)–As the crypto markets fall into another price rout to kick off the final month of… read more
Users of crypto exchange Bitfinex and its associated token-trading platform Ethfinex now have a total of six stablecoin options for… read more
Cryptocurrency exchanges Bitfinex and Ethfinex now support trading for all six of the market’s major stablecoins. Adding to its support… read more
Bitfinex recently moved toward “Tether neutrality,” breaking its special bond with Tether (wherein it was the most reliable way to… read more
Several months ago, crypto exchange Gemini made waves when it announced that, with permission from the New York Department of… read more
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