Cashio Dollar is a Solana-native stablecoin launched in November 2021.
Read moreDoes Solana support USDT?
We’re pleased to announce the launch of Tether tokens (USDt) on Solana , an ultra high-speed Layer 1 blockchain. With this integration, USDt holders can exchange USDt at speeds greater than 50,000 transactions per second, often for as little as $0.00001 per transaction.
Read moreHow do I get Solana with USDT?
How to Buy Solana
Read moreWho is the CEO of Tether?
U.S. Senate Banking Committee chairman Sherrod Brown recently sent a letter to Tether Holdings Limited CEO Jean-Louis van der Velde expressing concerns about stablecoins and seeking answers by next month.
Read moreWho is Tether founder?
Founded in July 2014 by Brock Pierce, Craig Sellars, and Reeve Collins , Tether (USDT), originally known as “Realcoin”, is a cryptocurrency commonly known as a “stablecoin” that aims to keep a fixed 1:1 exchange ratio with the U.S. dollar.
Read moreHow does Tether 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 Tether really backed by USD?
Tethers are not backed by USD . The value of reserves like commercial papers can not be evaluated without more transparency and an audit. It is also true for banks do not back all their deposits with cash equivalents. This approach is called fractional banking.
Read more