Tether is built on revolutionary, cryptographically secure, open blockchain technology and is subject to strict security and global government laws and regulations.
All Tether tokens are pegged 1:1 to the corresponding fiat currency (e.g., 1 USDT = 1 USD) and are 100% backed by Tether's reserves. As a fully transparent company, we typically publish information about Tether tokens in circulation daily on our transparency page and reserves quarterly.
Tether tokens can be securely stored, sent, and received on the blockchain and can be redeemed for fiat currency (the underlying pegged asset) in accordance with Tether's Terms of Service.
