• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Ask Anything Crypto

questions.coincheckup.com

  • Question Categories
  • Vocabulary
  • Market Data
    • Market Overview
    • Fundamental Analysis
    • Investment performance
    • Crypto Predictions

What is Tether (USDT)?

May 10, 2018 By admin_coin

What is Tether Crypto Currency?
What is Tether Crypto Currency?
A brief description of Tether.
Tether constitutes the first Bitcoin­based fiat­pegged cryptocurrencies in existence today. Tether is based on the Bitcoin blockchain, the most secure and well­tested blockchain and public ledger in existence. Tethers are fully reserved in a one­to­one ratio, completely independent of market forces, pricing, or liquidity constraints. Tether has a simple and reliable Proof of Reserves implementation and undergoes regular professional audits. Our underlying banking relationships, compliance, and legal structure provide a secure foundation for us to be the custodian of reserve assets and issuer of tethers. Our team is composed of experienced and respected entrepreneurs from the Bitcoin ecosystem and beyond.

Tether Video

Unfortunately we don’t have this data available.

The purpose of Tether 

A digital version of the US Dollar

Tether Abstract

A digital token backed by fiat currency provides individuals and organizations with a robust and decentralized method of exchanging value while using a familiar accounting unit. The innovation of blockchains is an auditable and cryptographically secured global ledger. Asset­backed token issuers and other market participants can take advantage of blockchain technology, along with embedded consensus systems, to transact in familiar, less volatile currencies and assets. In order to maintain accountability and to ensure stability in exchange price, we propose a method to maintain a one­to­one reserve ratio between a cryptocurrency token, called tethers, and its associated real­world asset, fiat currency. This method uses the Bitcoin blockchain, Proof of Reserves, and other audit methods to prove that issued tokens are fully backed and reserved at all times.

More information can be found in the Tether whitepaper https://tether.to/wp-content/uploads/2016/06/TetherWhitePaper.pdf

Other Tether facts

  • Trading symbol: USDT
  • Governance: Centralized > Hierarchical
  • Open source: Yes
  • Product status: Fully working product
  • Consensus method: Proof of Work & Proof of Stake
  • Emmission rate: No new tokens created
  • Transactions per second:  n/a
  • Total Supply: 1,650,000,000
  • Release date: 2015-02-25

Usefull Tether links

  • Tether’s Website
  • Tether pricing data & fundamental Tether information
  • Tether’s Website
  • Tether official blog
  • Tether’s Bitcointalk Forum
  • Tether’s Reddit Forum
  • Tether’s block explorer
  • Tether’s Alexa site stats
  • Tether’s official forum: Unfortunately we don’t have this data available.
  • Tether’s Github code repository:
    https://github.com/tetherto/omnicore
  • Tether’s roadmap:
    n/a
  • Tether’s team page: n/a
  • Tether’s whitepaper: https://tether.to/wp-content/uploads/2016/06/TetherWhitePaper.pdf

Filed Under: Tether Tagged With: Altcoin, Crypto, Currency, USDT, What is?

Other questions related to this cryptocurrency:

  • Is Tether (USDT) Centralized, Decentralized or Semi-Centralized?
  • What is the Consensus method of Tether (USDT)?
  • All available information on the Tether (USDT) ICO
  • How can I contact the Tether (cryptocurrency) team?
  • Who is leading Tether (USDT) crypto?
  • Where to find Historical trading info and past performance on Tether (crypto)?
  • Where can I find fundamental analysis of Tether (USDT)?
  • How to buy Tether (USDT) cryptocurrency?
  • What is Tether (USDT)?

Footer

Question Categories

  • 0x
  • Achain
  • AdEx
  • adToken
  • Aeon
  • Aeternity
  • Afterschool
  • Agoras Tokens
  • Agrello
  • AirSwap
  • AirToken
  • Alis
  • Ambrosus
  • Aragon
  • Ardor
  • Ark
  • Artcoin
  • Asch
  • ATB Coin
  • ATMChain
  • Augur
  • AventCoin
  • B3Coin
  • Bancor
  • Basic Attention Token
  • BCAP
  • Binance Coin
  • BitBay
  • Bitcloud
  • bitCNY
  • Bitcoin
  • Bitcoin Cash
  • BitcoinDark
  • BitConnect
  • Bitcore BTX
  • Bitdeal
  • Bitdice
  • bitqy
  • BitSend
  • BitShares
  • BlackCoin
  • Blackmoon Crypto
  • BlockMason Credit Protocol
  • Blocknet
  • Blocktix
  • Burst
  • Byteball
  • Bytecoin
  • Bytom
  • Cardano
  • Centra
  • ChainLink
  • Chronobank
  • Cindicator
  • Civic
  • Clams
  • CloakCoin
  • COBINHOOD
  • Cofound.it
  • CoinDash
  • Counterparty
  • Credence Coin
  • Crown
  • Cryptocurrency
  • Cryptonex
  • Dash
  • Databits
  • DECENT
  • Decentraland
  • Decred
  • Delphy
  • Dentacoin
  • Diamond
  • DigiByte
  • DigitalNote
  • DigixDAO
  • district0x
  • Dogecoin
  • DomRaider
  • DubaiCoin
  • E-coin
  • Earth Token
  • Edgeless
  • Eidoo
  • Einsteinium
  • Elastic
  • Electroneum
  • Emercoin
  • Energycoin
  • Enigma
  • Enjin Coin
  • EOS
  • Ethereum
  • Ethereum Classic
  • Etheroll
  • Etherparty
  • Ethos
  • Everex
  • Expanse
  • Factom
  • FairCoin
  • Farad
  • Feathercoin
  • FedoraCoin
  • FirstBlood
  • FlorinCoin
  • FunFair
  • GameCredits
  • Gas
  • Genesis Vision
  • Gnosis
  • Golem
  • Golos
  • Grid+
  • GridCoin
  • Groestlcoin
  • Gulden
  • GXShares
  • Hive
  • Horizon State
  • Hshare
  • Humaniq
  • I/O Coin
  • Iconomi
  • ICOS
  • iExec RLC
  • InvestFeed
  • ION
  • IOTA
  • Jinn
  • Kin
  • Komodo
  • KuCoin Shares
  • Kyber Network
  • LBRY Credits
  • LEOcoin
  • Lisk
  • Litecoin
  • LoMoCoin
  • Loopring
  • Lunyr
  • Lykke
  • Maecenas
  • MaidSafeCoin
  • Matchpool
  • MCAP
  • Melon
  • Mercury
  • Metal
  • Metaverse ETP
  • MinexCoin
  • MobileGo
  • Modum
  • Moeda Loyalty Points
  • Monaco
  • MonaCoin
  • Monero
  • MonetaryUnit
  • Monetha
  • Mothership
  • Mysterium
  • Namecoin
  • NAV Coin
  • Neblio
  • Nebulas Token
  • NEM
  • NEO
  • NeosCoin
  • Nexium
  • Nexus
  • Nimiq
  • NoLimitCoin
  • Novacoin
  • Numeraire
  • Nxt
  • OBITS
  • OKCash
  • OmiseGo
  • Omni
  • Open Trading Network
  • Paragon
  • Particl
  • Patientory
  • PayPie
  • Peercoin
  • Peerplays
  • Pepe Cash
  • Pillar
  • PIVX
  • Po.et
  • Polybius
  • Populous
  • PotCoin
  • Power Ledger
  • Presearch
  • Primas
  • PRIZM
  • Proof of
  • Pura
  • Qtum
  • Quantstamp
  • Quantum
  • Quantum Resistant Ledger
  • Radium
  • RaiBlocks
  • Raiden Network Token
  • RChain
  • Red Pulse Token
  • ReddCoin
  • Request Network
  • Revain
  • Rialto
  • Ripio Credit Network
  • Ripple
  • Rise
  • Rubycoin
  • Safe Exchange Coin
  • SALT
  • SaluS
  • Santiment Network Token
  • Shift
  • Siacoin
  • SIBCoin
  • SingularDTV
  • Skycoin
  • SmartCash
  • Soarcoin
  • SolarCoin
  • SONM
  • Status
  • Steem
  • Stellar
  • Storj
  • Stox
  • Stratis
  • Streamr DATAcoin
  • Substratum
  • Suncontract
  • SuperNET
  • Swarm City
  • Synereo
  • SysCoin
  • TaaS
  • Target Coin
  • TenX
  • Terms
  • Tether
  • The ChampCoin
  • Tickets
  • Tierion
  • ToaCoin
  • TokenCard
  • TransferCoin
  • Triggers
  • TRON
  • Ubiq
  • Unobtanium
  • Vcash
  • VeChain
  • Verge
  • VeriCoin
  • Veritaseum
  • Vertcoin
  • Viacoin
  • Viberate
  • Wagerr
  • Walton
  • Waves
  • Waves Community Token
  • WeTrust
  • WhiteCoin
  • Wings
  • Xaurum
  • XPlay
  • Zcash
  • ZCoin
  • ZenCash
  • Zeusshield

Question Tags

Altcoin Analysis ART AST BLK Buy CDT Centralized > Flat Centralized > Hierarchical CEO Consensus Contact info Crypto CTO Currency DCN Decentralized Delegated Proof of Stake DICE Email Ethereum consensus) Fundamental Analysis Governance How to buy? ICO ICO price ION LBC Leadership Proof of Audit Proof of Importance Proof of stake Proof of work Proof of Work & Proof of Stake Sell Semi-centralized SMART Social Media Start price TIX Trading history Trading performance What is? will be proof of stake later on) XRB

Article Selection

  • How can I contact the Pillar (cryptocurrency) team?
  • Where can I find fundamental analysis of bitCNY (BITCNY)?
  • What is the Consensus method of Veritaseum (VERI)?
  • What is Pillar (PLR)?
  • What is the Consensus method of TRON (TRX)?
  • What is Credence Coin (CRDNC)?
  • How can I contact the Request Network (cryptocurrency) team?
  • How can I contact the Swarm City (cryptocurrency) team?
  • Is Iconomi (ICN) Centralized, Decentralized or Semi-Centralized?
  • How to buy Dash (DASH) cryptocurrency?
  • What is the Consensus method of BitSend (BSD)?
  • How can I contact the Steem (cryptocurrency) team?
  • How can I contact the Safe Exchange Coin (cryptocurrency) team?
  • Who is leading NEM (XEM) crypto?
  • How to buy Komodo (KMD) cryptocurrency?
  • Is Suncontract (SNC) Centralized, Decentralized or Semi-Centralized?
  • How can I contact the Stellar (cryptocurrency) team?
  • Who is leading Energycoin (ENRG) crypto?
  • All available information on the Status (SNT) ICO
  • How to buy Zeusshield (ZSC) cryptocurrency?
  • About
  • Contact
  • Advertising
  • Sitemap

Copyright © 2025 & Data provided by: CoinCheckup.com