Coin information

What is USDT?

Tether (USDT) is the stablecoin, each Tether unit issued into circulation is backed in a one ­to ­one ratio (i.e. one Tether is one US dollar) by the corresponding fiat currency unit held in deposit by Hong Kong based Tether Limited. Tether is the most popular stable coin that has been used widely in blockchain ecosystem.

Essential details:

• Tether was launched in 2014 by Tether Limited.
• Tether operates on various blockchains as follows: Bitcoin, Ethereum, EOS, Tron, Algorand, Bitcoin Cash, and OMG.
• Tether is audited by Certik, well-known blockchain security firm.

Whitepaper: https://tether.to/wp-content/uploads/2016/06/TetherWhitePaper.pdf

Website: https://tether.to/