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Tether (USDT)

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About Tether

Tether is a stable coin pegged to the US Dollar. A stable coin is a type of cryptocurrency whose value is pegged to another fiat currency like the US Dollar or to a commodity like Gold.

ledger wallet

TETHER History / Information / Buying / Staking

  • TETHER HISTORY

    Tether was one of the earliest stablecoins created, built upon Mastercoin (Omni), which was a protocol layer for Bitcoin that introduced the stablecoin concept to the world in 2012. Tether pioneered what is now known as a fiat-collateralized stablecoin model, and is now the most widely used stablecoin today.

  • HOW TETHER WORKS

    Tether is a stablecoin that is pegged to different fiat currencies. USDT is pegged to the US Dollar and is issued by the company known as Tether. This allows traders to transfer the “fiat equivalent” in value between exchanges, without the need for normal fiat currency regulation. From What is Tether USDT - A Beginner's Guide (2022 Updated) https://99bitcoins.com/what-are-stablecoins/tether/

  • BENEFITS OF USING TETHER

    Some of the benefits of using Tether are:

    STABILITY

    COMPATABILITY WITH DAPPS

    ALTERNATIVE TO TETHER

    TRANSPARENCY AND SECURITY

  • CAN YOU STAKE TETHER

    You can stake your Tether assets and earn passive income for holding Tether on many major platforms.

  • COINS SIMILAR TO TETHER

    Direct competition to Tether coin which are considered similar coins are:
    USD COIN TRUEUSD