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.
A crypto Twitter analyst believes that Tether’s USDT issuances are the real catalyst of the Bitcoin price bull move from… read more
A new wave is sweeping exchanges, as market operators are switching between the Omni-based version of Tether (USDT), and issuing… read more
Tether’s (USDT) launch on the Liquid Network makes Libra obsolete even before it goes live, according to Samson Mow, chief… read more
Tether (USDT) use, has been synonymous with institutional investors but is has a growing market in Russia. At least that… read more
The massive $2.27 billion bitcoin transfer that occurred on Monday has led to the emergence of fanciful theories that Tether… read more
Tether (USDT) keeps expanding to new networks, with the latest being Liquid Network, a protocol based on sidechains. https://twitter.com/Tether_to/status/1155896358001422337 The… read more
The grey market flow of cheap Chinese goods into the Russian market has established a real-world use case for Tether.… read more
The Takeaway The cash-counting machines were softly buzzing in an office with floor-to-ceiling windows overlooking Moscow’s landmarks. “Hear that sound?”… read more
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