What is Tether (USDT)?
What is Tether (USDT)? Tether is a stablecoin whose price is equal to $1. It allows users to hedge against crypto volatility and perform fast and cheap transfers.
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Tag: Tether
Tether Has The Necessary Reserves to Back all USDT Says Law Firm
According to a Washington-based law firm, the stable coin Tether (USDT) has the necessary reserves to back all USDT in the market. This is a very important information for USDT and the market because just a week ago, a research from the University of Texas, claimed that Tether was used by some exchanges to manipulate Bitcoin’s price.
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Tether to Become the Top 10 Cryptocurrency by Market Capitalization
Surprisingly, Tether (USDT) could become, very soon, the 10th most important cryptocurrency by market capitalization. In order for this to happen, Tether should increase its market capitalization, or a top 10 coin should fall under $2.52 billion dollars.
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