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Tether

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.
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Website
    Category
  • Cryptocurrency

People

TEAM
Stuart Hoegner
GENERAL COUNSEL
Giancarlo Devasini
CHIEF FINANCIAL OFFICER
Jl Van Der Velde
CHIEF EXECUTIVE OFFICER

Crowdsale

  • Whitelist: No

COIN info

24h_volume_usd

25779367999.72

available_supply

83775444681.459

last_updated

2023-07-20T15:26:00.000Z

market_cap_usd

83773470608.48

percent_change_1h

-0.02224248

percent_change_24h

0.02187321

percent_change_7d

0.01466218

price_usd

1.00

rank

3
USDT

total_supply

86707788906.045