Because they are pegged or "tied" to real-world currencies at a 1:1 ratio and backed by our reserves, Tether tokens are a new type of asset that can be easily circulated on the blockchain like other digital currencies.
Tether typically updates the number of Tether tokens in circulation on a daily basis. Tether also typically publishes quarterly reports that provide information about its reserves used to back the Tether tokens in circulation.
Tether holds Bitcoin and gold because it believes they are hedges against inflation.
Yes, since June 2021, Tether has provided quarterly information on the asset classes in its reserves backing issued Tether tokens in its reserve reports.
Yes, Tether publishes a reserve report every quarter, which is prepared by an independent third-party accounting firm, BDO Italia. The report is prepared in accordance with the standards set by the International Auditing and Assurance Standards Board (IAA
New users can start the registration process by filling in their personal information on the Tether registration page. As part of Tether’s strong security measures, users must activate two-factor authentication (2FA) for their Tether accounts.
Tether tokens that are “authorized but not issued” need to ensure the security of the issuance process as much as possible. We need to strike a balance between the security risks of Tether private keys and meeting the demand for Tether tokens from new cus
Tether tokens are sometimes burned to reduce the number of authorized tokens in existence on a particular blockchain. These authorized tokens can come from customers exchanging their Tether holdings for fiat currency.
Yes. The Tether platform is transparent. All Tether tokens in circulation are 100% backed by Tether’s reserves.
Tether is accepted as a valid payment method in online and physical stores around the world. What’s more, you can use Tether to purchase the products and services you love, enjoying low transaction fees and stable prices.
“Authorized but not issued” Tether tokens are tokens created on the blockchain and stored in Tether’s vault.
Tether is built on revolutionary, cryptographically secure, open blockchain technology and adheres to strict security and global government laws and regulations.
Tether tokens are created by multiple Tether private keys signing and broadcasting a creation transaction on a specific blockchain.
Tether supports the U.S. dollar (USD), Mexican peso, offshore Chinese yuan, and gold, and its Tether tokens are: USDT, MXNT, CNHT, and XAUT.
Tether tokens make it easy for businesses including exchanges, wallets, payment processors, financial services, and ATMs to use fiat currencies on the blockchain. Some of the largest businesses in the digital currency ecosystem have already integrated Tet
Tether tokens are digital tokens built on multiple leading blockchains, including Algorand, Celo, Cosmos, Ethereum, EOS, Liquid Network, Solana, Tezos, Ton, and Tron.
Tether tokens are assets that can be transferred on the blockchain as easily as other digital currencies, but are pegged 1-to-1 to real-world currency.
Tether token (USDT) was launched in 2014, pioneering the stablecoin model and is the most widely traded stablecoin.
