Tether – twitter

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.

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.

Tether (USDT/USD) price prediction At the time of writing (16 March) according to Trading Beasts’ Tether (USDT/USD) price forecast, by the end of 2022, the average Tether future price was expected to be $1.27 although its peak could be $1.6 .

According to a study by CryptoCompare, a global cryptocurrency market data provider, bitcoin to Tether trading still represents the majority of BTC traded into fiat or stablecoin . In February 2021, 57% of all bitcoin trading was done in USDT. 5 Tether remains a major source of liquidity for the cryptocurrency market.