Tether - Researchly

Tether

Ticker: USDT | Operating Status: Active

Tether is a token backed by actual fiat currency assets, including USD, Euros and, soon, Japanese Yen. One Tether equals one underlying unit of the currency backing it, e.g., the U.S. Dollar, and is backed 100% by actual assets in the Tether platform’s reserve account. Being anchored or “tethered” to real world currency, Tether provides protection from the volatility of cryptocurrencies.<br />Tether enables businesses – including exchanges, wallets, payment processors, financial services and ATMs – to easily use fiat-backed tokens on blockchains. By leveraging Blockchain technology, Tether allows you to store, send and receive digital tokens person-to-person, globally, instantly, and securely for a fraction of the cost of alternatives.<br />
Tether’s platform is built to be fully transparent at all times. (Source: Website)

Operating Since: 25.02.2015
Company Type:
Location: N/A
Website: https://tether.to/

Crypto category
Industries
Stablecoins
Categories
Network Overview
Fundings
Total rounds: 1
Total amount ($): N/A
Number of investors: N/A
Number of lead investors: N/A
Investments
Total investments: 0
Total lead investments: N/A
Total amount ($): N/A
Acquisitions
Total: 0
Exits
Total: 0