Community Trust ScoreVerified
Tether is a measure of value. Each exchange has Tether, everything is traded to it. Tether was founded on 2014 by Brock pierce, Craig Sellars, Reeve Collins. Tether is commonly known as “Real coin” that is in cryptocurrency hence it is called as “stable coin”. Tether aims to keep 1 dollar USD is equal to 1USDT. Which means 1USD=1USDT (1:1 RATIO). The coin exists on many different blockchains and experienced rising trading value in past few years.
Stable coins assist traders and investors in reducing danger associated with high volatility that is typical in cryptocurrency market. They can provide more trading pairs using USDT since it facilitates crypto to crypto transfer.
Tether recently expressed: In order to assist cryptocurrency exchanges, digital wallet providers, and financial institutions with the new FATF Travel Rule requirement, Tether will begin testing the Shyft platform.
We appreciate the interest from lawmakers on the function, purpose, and security of all stable coins across the cryptocurrency ecosystem. We have been and are pleased to work with policy makers around the world on these important issues.
It is critical that we work collaboratively to build this industry. As pioneers of blockchain technology and leaders in transparency and innovation, Tether is dedicated making sure our customers are properly protected and have the tools they need to succeed.
We look forward to working with stakeholders to develop these frameworks.
Community Reaction: USDT stable coin can be used for Defi in encrypted wallets, and liquidity mining can be used to obtain high-value ETH.
You guys could really help by getting your first ever audit. Unless of course you are the biggest ponzi-scheme in history.
I’am waiting for the full appearance of Tether on this platform. I often use this stable coin.
Where’s the attestation? Did Moore Cayman refuse to sign? Why did Tether lie about its reserves for years? Where are JL and Giancarlo? Wow chill man, no one’s lying here. Tether actually has attestation; the audit will come soon – I guess.
Can you please clearly show an audit and let us know how we can claim Tether for USD if you guys ever went under?
And we (the crypto holders) look forward to watch Tether stopping the market manipulation and the unbacked printing of USDT.
Tether is headquartered in Hong Kong. Everyone still don’t use USDT. Once there is no guarantee, the official will not care about you. At first, it says yes, and then spends time to prepare the information. Finally, I refuse directly for any reason. I have already refused to use USDT to change to other.
