Tether is a blockchain-based cryptocurrency that is backed by the U.S. dollar . This means there are actual dollars in reserves at financial institutions to serve as collateral. Stablecoins, when fully backed by the dollar, have a 1:1 relationship with USD.
Read moreHow do I Tether cryptocurrency?
How to buy Tether
Read moreHow do you mine tethering?
Tether (USDT) cryptocurrency cannot be mined . The only way to buy them is through Tether Limited or through cryptocurrency exchanges that support Tether.
Read moreHow do you Tether a coin?
How to buy Tether
Read moreHow does Tether coin make money?
Tether is a cryptocurrency that is pegged to a given fiat currency, for example, the USD, as well as physical assets such as gold. Tether makes money from various fees, by issuing loans to other institutions, as well as through investments .
Read moreIs USD coin the same as Tether?
Same as Tether , USD Coin is backed by the US dollar, so every coin is worth $1 and redeemable with cash.
Read moreIs Tether a safe coin?
Tether (USDT) is the most valuable stabelcoin in the world, sporting a market capitalization of $69 billion, more than double the value of USD Coin (USDC), the next largest coin. In order to assure buyers that it is trustworthy , Tether claimed it had cash reserves equal in value to the stablecoins it issued.
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