Is Tether a good investment 2020?

Tether can be bought on most major cryptocurrency exchanges, but should you invest, considering its history and outlook? Tether, despite having many issues in the past, continues to be a very stable cryptocurrency that is stronger for having gotten past its problems mostly unscathed — thus far, at least.

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Is Tether trustworthy?

Tether is not a central bank, bank or regulated in any way by any country other than British Virgin Islands . It is not audited, has been fined by financial regulators for financial misconduct and revealed that its stablecoin is mostly not backed by the US dollar. Yet, tether still trades at about a dollar.

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Is USDT same as Bitcoin?

Tether (often called by its symbol USDT) is a cryptocurrency that is hosted on the Ethereum and Bitcoin blockchains, among others . Its tokens are issued by the Hong Kong company Tether Limited, which in turn is controlled by the owners of Bitfinex.

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