16 Jul 2019 In simple terms, USDT retains its value because it is backed with cash. If you go to the Tether website, you'll find an explanation like this:.

Tether(USDT) market and trade data overview. Check out the available markets, technical indicators and trade data in the last 24h interval. Click for more details! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Tether (USDT) is issued on the Omni, TRON, and ETH blockchains. Bekijk live grafieken voor de koers, het volume, de marktkapitalisatie, de voorraad, de beurzen, de historische statistieken en belangrijke basisgegevens voor Tether (USDT). Wijzig het bereik voor de grafiek, volg sociale en ontwikkelaarsactiviteiten en vergelijk Tether met andere cryptocurrency's. Tether is an award winning Seattle creative agency specializing in branding, strategy, marketing, and design for print, digital, packaging, product and video. Tether whose ticker is USDT is one of the best stable coin and most used coin for trading. According to the company behind Tether, 75% of USDT circulation is backed by pegged USD (fiat) in 1:1. Tether was initially launched on Omni Layer protocol and later in it transitioned to ERC 20 and also to Tron blockchain. Tether (USDT) Tether (USDT) is a cryptocurrency token issued on the Ethereum platform. Tether (USDT) price for today is $0.999430 with a 24-hour trading volume of $24,152,790,437. Price is up 0.068% in the last 24 hours. It has a circulating supply of 4.3 Billion coins and a max supply of 4.3 Billion coins. Tether makes no representations or warranties about whether Tether Tokens that may be traded on the Site may be traded on the Site at any point in the future, if at all. The following Persons are prohibited from depositing to, or withdrawing from, any Digital Tokens Wallet on the Site:

Tether(USDT) market and trade data overview. Check out the available markets, technical indicators and trade data in the last 24h interval. Click for more details!

According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Tether (USDT) is issued on the Omni, TRON, and ETH blockchains. Tether (USDT) is a so-called “stablecoin”, meaning it was developed specifically to ensure the stability of its price. Tether price is “tethered” to USD. USDT is connected to USD in a one-to-one ratio. The cryptocurrency was fast to find its place in the market. The Tether coin is actively used on various cryptocurrency exchanges. On Sept. 25, the crypto market experienced one of its steepest falls in recent years as the bitcoin price abruptly dropped by more than $1,500 in merely hours, sending many cryptocurrency investors to Tether. Tether, a stablecoin said to be run by iFinex, the parent company of a major cryptocurrency What is Tether? Tether (USDT) is an Omni Layer token that is purposed to be pegged on the United States Dollar. Tether has been receiving a lot of criticism in regards to how the unregulated generation of tokens might be connected to price manipulation on exchanges like Omni. Utility Designed to be backed 1:1 by fiat (US dollars), Tether tokens (USDT) are minted or burnt (destroyed) as the reserves held by Tether (the company) increase (via deposits) or fall (via claims against the tokens). In this way, Tether tokens are seen as a stable store of value in an otherwise highly volatile crypto-currency ecosystem.

Tether - Bitcoin Chart (USDT/BTC) Conversion rate for Tether to BTC for today is BTC0.00013802. It has a current circulating supply of 4.29 Billion coins and a total volume exchanged of BTC3,255,349.26509286

Tether (USDT) current pricing, Market Caps, Exchange Listings, Social Media, Website, White Papers, and any cryptocurrencies similar to Tether. Includes circulating totals, portfolio, graphs, and charts for Tether (USDT). What is Tether? How it was created and how it works? What are the perspectives of this coin and why should you know about it? In this article we will share key facts about Tether Tether (USDT) is a cryptocurrency with reference to fiat currencies that is issued by Tether Limited Company. Using the technology of Blockchain, Tether allows the users to keep, Trading cryptocurrency can be both rewarding and soul destroying, especially considering the recent bloodbath in Bitcoin. Searching online for reasons as to the sharp decline in the BTC price yields fascinating results. "Hodlers," investors… Tether is a cryptocurrency launched in November 2015, China. The designers had created a platform that allows exchanging fiat currencies into digital ones.

16 Jul 2019 In simple terms, USDT retains its value because it is backed with cash. If you go to the Tether website, you'll find an explanation like this:.

At a high level, Tether is what is known as a ‘fiat-collateralized’ stablecoin where a central institution (i.e., Tether Limited) issues and burns the supply based on demand. For example, if Alice holds 100 USDT and wants to redeem them for 100 USD, Tether destroys the corresponding USDT stablecoins and issues 100 USD to Alice. Tether purports to make reserve account holdings transparent via external audit; however, no such audits exist. In January 2018 Tether announced that they no longer had a relationship with their auditor. [citation needed] About $31 million of USDT tokens were stolen from Tether in November 2017.

“Extending Tether into the Algorand ecosystem is a fantastic opportunity for us to further contribute to blockchain interoperability and collaboration. Algorand is an excellent team very much aligned with ours; we are proud to take this next step with them.

This means traders will now have a USD stablecoin option on ethereum, omni, EOS, tron, and soon, algorand. Averaged price prediction for USDT for 2019, 2020-2025. We analyzed Tether price history, important news and fundamental value.

What is Tether? Tether (USDT) is an Omni Layer token that is purposed to be pegged on the United States Dollar. Tether has been receiving a lot of criticism in regards to how the unregulated generation of tokens might be connected to price manipulation on exchanges like Omni.