USDT

USDT

TetherUS
$0.997800
0%
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  • Market Cap
    $3,963,625,100
  • 24h Vol (Global)
    ฿9,081 ($92,998,840)
  • Circulating Supply
    3,972,364,301
  • Issue Date
    2014-11-26
  • Issue Price
    -
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  • 5m
  • 15m
  • 30m
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
-3,972,364,3012014-11-26-pow1
omniexplorer.info
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
2,580,109,502--https://tether.to/TOKEN

USDT is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by a U.S Dollar held in the reserves of the Tether Limited + Liabilities owed to the comapny. They can be redeemed through the Tether Platform. USDT can be transferred, stored, spent, just like bitcoins or any other cryptocurrency. USDT and other Tether currencies were created to facilitate the transfer of national currencies, to provide users with a stable alternative to Bitcoin and to provide an alternative for exchange and wallet audits which are currently unreliable. USDT provides an alternative to Proof of Solvency methods by introducing a Proof of Reserves Process. In the Tether Proof of Reserves system, the amount of USDT in circulations can be easily checked on the Bitcoin blockchain via the tools provided at Omnichest.info, while the corresponding total amount of USD held reserves is proved by publishing the bank balance and undergoing periodic audits by professionals.

Teams
    STUART HOEGNER

    STUART HOEGNER

    GENERAL COUNSEL

    GIANCARLO DEVASINI

    GIANCARLO DEVASINI

    CHIEF FINANCIAL OFFICER

    JL VAN DER VELDE

    JL VAN DER VELDE

    CHIEF EXECUTIVE OFFICER

Introduction

USDT is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by a U.S Dollar held in the reserves of the Tether Limited + Liabilities owed to the comapny. They can be redeemed through the Tether Platform. USDT can be transferred, stored, spent, just like bitcoins or any other cryptocurrency. USDT and other Tether currencies were created to facilitate the transfer of national currencies, to provide users with a stable alternative to Bitcoin and to provide an alternative for exchange and wallet audits which are currently unreliable. USDT provides an alternative to Proof of Solvency methods by introducing a Proof of Reserves Process. In the Tether Proof of Reserves system, the amount of USDT in circulations can be easily checked on the Bitcoin blockchain via the tools provided at Omnichest.info, while the corresponding total amount of USD held reserves is proved by publishing the bank balance and undergoing periodic audits by professionals.

Social Media
News
Tether Has Great News For The Community: USDT Is Coming to The Algorand Blockchain
2019-07-18
Tether (USDT) admits to investing reserves in Bitcoin and “other assets”
2019-05-22
Bitfinex Claims ‘New York’ Customers Cited by NYAG Are Foreign Entities
2019-07-22
Major Coins Trading Sideways With Moderate Losses, Bitcoin Near $10,400
2019-07-21
Binance Research: most large Bitcoin and Ethereum investors hold stablecoins, use cold wallets
2019-07-20
Tether’s Trouble With New York Attorney General — Will Crypto Cope?
2019-07-19
Bitcoin Price Rallies Above $10,000 and Consolidates
2019-07-19
Binance Jersey Lists Exchange’s Own GBP-Backed Stablecoin
2019-07-19
China Ruling Bitcoin is Property Again Is ‘Major Milestone,’ Says Investor
2019-07-19
OKEx Crypto Exchange Next to List Dogecoin (DOGE)
2019-07-18
Tether (USDT) Moves to Algorand Blockchain
2019-07-18
Multi-Issue Stablecoin Powerhouse Tether Eyes Algorand Next
2019-07-18
Huobi Announces New Stablecoin
2019-07-17
Chainalysis: The Startup Which Became the Accidental Winner of Crypto
2019-07-17
Bitcoin (BTC) Abandons $10,000 Price Tier in Flash Crash
2019-07-17
Tether Stablecoin to Launch on 5th Blockchain
2019-07-17
Tether USDT is Launching on a ‘Pure PoS’ Blockchain, Algorand
2019-07-17
Tether Accidentally Minted $5 Billion of Its Stablecoins, Then Deleted Them
2019-07-16
Tether accidentally issues $5bn worth of USDT, claims it was an issue with decimals
2019-07-16
Market Maker Altonomy Raises $7M in Funding Round Led by Polychain Capital
2019-07-16
Cardano (ADA) Price Prediction: Bearish Sentiment Could Spark More Losses
2019-07-16
Binance Chain Announces Galileo, the Latest Version of Its Mainnet
2019-07-16
Crypto Markets Crash Ahead of Facebook Hearing
2019-07-15
Tether Mints 5 Billion USDT Tokens on TRON Network Due to Decimal Mistake
2019-07-15
Whale Alert Revealed a Huge Tether Mistake: What Really Happened
2019-07-15
Tether Mistakenly Minted 5 Billion USDT and Immediately Burned Them
2019-07-14
The 5 Billion USDT Mistake and How Tether Recovered From It
2019-07-14
Crypto.Com Chain (CRO) Races Ahead on Huobi Global Listing
2019-07-12
Binance Increases Maximum USDT Borrowing Limit for Binance Margin Accounts
2019-07-12
CV Market Watch™: Weekly Crypto Trading Overview (July 5-12, 2019)
2019-07-12
Gojoy Raises $10 Million in Blind Auction: Set for Listing on CBX Exchange
2019-07-12
Crypto Markets Continue Trading in Red, Oil Reports Losses
2019-07-11
Bitcoin (BTC) Price Crashes Fast, Erasing $1,600 in a Day
2019-07-11
Binance Launches Platform ‘2.0’ as Margin Trading Goes Live
2019-07-11
Binance Officially Launches Its 2.0 Platform With Margin Trading
2019-07-11
$55 Million of Venture Capital Announced in One Day; Binance launches Binance Margin Trading
2019-07-11
Metropolitan Bank Says It Shut Down Tether’s Account After 5 Months
2019-07-10
Smart Leverage Tokens: A New Financial Instrument by DX.Exchange
2019-07-10
Bitcoin (BTC) Price Heads for $13,000, Eating Up Altcoins in the Process
2019-07-10
Crypto.com Chain (CRO) is Rallying Right Now While Most Altcoins Drop
2019-07-10
Cryptocurrency is Available to Everyone Now!
2019-07-10
Binance Coin (BNB) Price Analysis: Struggling To Gain Despite Bullish Bitcoin
2019-07-10
NY attorney general reaffirms jurisdiction over iFinex, Bitfinex and Tether continued operations in New York until 2019
2019-07-09
Bitfinex Broke BitLicense Limitations, Maintains NYAG
2019-07-09
Crypto Industry in Numbers: How Does Q2 2019 Compare to the Past
2019-07-09
Bitstamp Crypto Exchange Sets Up Lightning Network Node
2019-07-08
Ethereum (ETH) Price Awakens, New Highs or Downturn Ahead?
2019-07-08
Tether slowly migrating from the Bitcoin to Ethereum blockchain
2019-07-05
CV Market Watch™: Weekly Crypto Trading Overview (June 28- July 5, 2019)
2019-07-05
Research: Fake Trading Volumes Persist; An Exchange Copies Binance Order Books
2019-07-05