• Tether

    TETHER

    USDT ETH ETH

  •   Contract Address: 


Status

Listed

Votes for Listing

500/500

Total Votes

564

Votes Today

0

Description:

USDT is a stablecoin (stable-value cryptocurrency) that mirrors the price of the U.S. dollar, issued by a Hong Kong-based company Tether. The token’s peg to the USD is achieved via maintaining a sum of commercial paper, fiduciary deposits, cash, reserve repo notes, and treasury bills in reserves that is equal in USD value to the number of USDT in circulation.

Originally launched in July 2014 as Realcoin, a second-layer cryptocurrency token built on top of Bitcoin’s blockchain through the use of the Omni platform, it was later renamed to USTether, and then, finally, to USDT. In addition to Bitcoin’s, USDT was later updated to work on the Ethereum, EOS, Tron, Algorand, and OMG blockchains.

The stated purpose of USDT is to combine the unrestricted nature of cryptocurrencies — w


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MARKET METRICS

Marketcap $79,607,476,581
PRICE (USD) $1
ADDED 25/02/2022
LAUNCH 09/07/2014
CHART

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